1793 Spring Ct - Apartments FOR SALE


Cheyenne, WY 82009
$969,000 USD
970-402-3582
1793 Spring Ct, Cheyenne, WY for Sale
$969,000 USD
Apartments - FOR SALE
1/20
null | 5.97% Cap Rate

1793 Spring Ct
Cheyenne, WY 82009


HIGHLIGHTS

  • Excellent Location that leads to high occupancy rate
  • 2bed and 2 bath with private attached gargae
  • Close to grocery stores, shopping, dining, entertaining options within walk in distance yet very quite neighborhood
  • Open floor plan. Each unit has a balcony or patio

OVERVIEW

Location, Location, Location! This exceptional and fully occupied 4-plex is strategically located in the bustling heart of Cheyenne, which naturally leads to a low vacancy rate. Each spacious unit boasts 2 bedrooms and 2 bathrooms with a large living room, kitchen, laundry, balcony/patio, and private attached garage. This has the unbeatable advantage of being within walking distance to the Frontier shopping mall, Sprouts, Target, Hobby Lobby, Sam's Club, Walmart, Walgreens, and a wide selection of popular restaurants. With a solid rental history and great construction quality, this property is an unrivaled investment opportunity. No other multifamily property in the area can match its prime location and outstanding convenience. Each unit has separate utility meters; tenants handle their own utility payments. Do not miss this lucrative opportunity.

FOR SALE DETAILS

PRICE

$969,000 USD

PRICE/SF

$220 USD /SF

# OF UNITS

4

PRICE/UNIT

$242,250

CAP RATE

5.97%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2018

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,193 SF

ZONING

-

APN/PARCEL ID

1-8285-0001-0004-0

ASK ABOUT THIS PROPERTY

Kim ChoiColdwell Banker The Property ExchangeMore Info
970-402-3582

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Kim ChoiColdwell Banker The Property ExchangeMore Info
970-402-3582

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.