Back to Search
Property profile & analytics
FOR SALE
Residential income homes
743 W 2Nd St Cheyenne, WY 82007
Entity Owned
3-yr Hold
Property ID
US95-0029757
For Sale
1 / 13
$775,000
743 W 2Nd St, Cheyenne, WY 82007
View Listing →
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
2009
Construction
FRAME
Total area
3,384 SF
Lot
0.26 ac (11,354 SF)
Zoning code
MR-2
APN
18198000100010
UPID
US95-0029757
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Mcdonalds Real Estate Company · 3 yrs held
Mcdonalds Real Estate Company
since 2022
2 recorded transactions
Zoning & alternative use
MR-2 · Cheyenne, WY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Cheyenne submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cheyenne submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$3,319
Tax year 2023
Assessed value
$46,389
Assessed 2024
Previous assessed
$46,943
-1.2% YoY
Effective rate
7.15%
On assessed value
Assessed land
$5,351
Assessed improvement
$41,038
Land market value
$56,331
Improvement market value
$431,984
Total market value
$488,315
Applied tax rate
150.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
For Sale
Year built
2009
Construction
FRAME
Heating
FORCED AIR
Stories
2
Units
4
Bathrooms
10
Total area
3,384 SF
Lot
0.26 ac (11,354 SF)
Zoning code
MR-2
APN
18198000100010
UPID
US95-0029757
Jurisdiction
LARAMIE
Zoning & alternative use
MR-2 · Cheyenne, WY
Zoning MR-2 · permitted uses
MR-2 · Cheyenne, WY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cheyenne. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2009
Construction
FRAME
Heating
FORCED AIR
Stories
2
Units
4
Bathrooms
10
Lot
0.26 ac
Current owner
From public records · entity-resolved
Mcdonalds Real Estate Company
Entity
Mailing address
1808 BOISE AVE STE #200, LOVELAND, CO 80538-5020
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 25, 2022
—
Mcdonalds Real Estate Company
Maurice W Brown Land Development Ll
Warranty Deed
$877,500 · Firstier Bank
Feb 28, 2014
—
Sweeet Pea LLC
Spc Rentals INC
Warranty Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
