245 N Glenwood St - Apartments FOR SALE


Jackson, WY 83001
$6,300,000 USD
307-699-9586
245 N Glenwood St, Jackson, WY for Sale
$6,300,000 USD
Apartments - FOR SALE
1/40
null | 3.7% Cap Rate

245 N Glenwood St
Jackson, WY 83001


HIGHLIGHTS

  • The value proposition: 1) World class resort location, 2) Apex zoning, 3) Luxurious renovations, 4) Historical 10-12% annual value appreciation.
  • The "gutted to studs" renovation allowed a rebuild with decorator quality designs, including back lit entertainment centers, and high end finishes.

OVERVIEW

Mixed Use 4-Plex. Multi-Family (3 Luxury Apartments) + 1 Commercial Unit. Contained within the "CR-2/HO" Zoning (Commercial Residential / Housing Overlay). This zoning is the pinnacle of Jackson zoning, which allows short term rentals. The entire building's interior was renovated in 2023, using high-end finishes. An ower can buy the building and let their 3 tenants pay their mortgage.

FOR SALE DETAILS

PRICE

$6,300,000 USD

PRICE/SF

$1,131 USD /SF

# OF UNITS

4

PRICE/UNIT

$1,575,000

CAP RATE

3.7%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1992

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,000 SF

ZONING

CR-2 / HO

APN/PARCEL ID

R0004276

ASK ABOUT THIS PROPERTY

Rhonda PaniszczynJackson Hole Realty Partners LLCMore Info
307-699-9586

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Rhonda PaniszczynJackson Hole Realty Partners LLCMore Info
307-699-9586

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