Historical Multifamily Sale Listing - Sage Apartments

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Sage Apartments

1324 Sage Street, Rock Springs, WY 82901

N/A

24 Units | Multifamily

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Multifamily Property - Off Market

Price:
N/A
No. Units:
24
Building Size:
25,920 SF
Property Type:
Multifamily
Property Sub-type:
Mid/High-Rise
Additional Sub-types:
Garden/Low-Rise
Property Use Type:
Investment
Cap Rate:
13%
Occupancy:
100%
No. Stories:
3
Year Built:
1970
Lot Size:
29,400 SF
Listing ID
14830748
Last Updated
over 1 year ago

Highlights

  • Very nice well located apartment complex
  • Rents could easly be raised
  • Located in Boom City USA
  • Cap rate at 8% is conservative
  • Asphalt Parking Lot

Description

24 Unit apartment building- 23- 2 bedroom units and 1-1 Bedroom unit. 100% occupancy with a waiting list. Very well maintained units. Each apartment has kitchen area, living area and bedrooms. Large one central laundry area. All units are rented unfurnished. Gas hot water heat with boiler in central area. New carpet, paint; some new appliances and garbage disposals added. Year end total just received 1/22/10- Just painted outside of building 3-22-10.

Rock Springs, Wyoming. Located near downtown Rock Springs, Wyoming.

Map of 1324 Sage Street, Rock Springs, WY 82901 (Sweetwater County)

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