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1228 S 17th St
Laramie, WY 82070
River Run I & II Apartments · Multifamily Property For Sale
·
64 Units
PROPERTY FACTS
| No. Units | 64 | Lot Size | 4.53 AC |
| Property Type | Multifamily | Building Size | 65,996 SF |
| Property Subtype | Apartment | Average Occupancy | 97% |
| Apartment Style | Garden | No. Stories | 2 |
| Building Class | C | Year Built | 2014 |
| Zoning | Commercial | ||
| No. Units | 64 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 4.53 AC |
| Building Size | 65,996 SF |
| Average Occupancy | 97% |
| No. Stories | 2 |
| Year Built | 2014 |
| Zoning | Commercial |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Storage Space
- Washer/Dryer
- Heating
- Ceiling Fans
- Kitchen
- Tub/Shower
- Walk-In Closets
- Carpet
- Freezer
- Patio
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- Business Center
- Clubhouse
- Fitness Center
- Laundry Facilities
- Picnic Area
- Playground
ABOUT 1228 S 17TH ST , LARAMIE, WY 82070
INVESTMENT SALE: $4,100,00 Cap Rate: 6.3% | NOI $258,320 64-unit affordable housing community totaling 65,996 RSF on a 4.53 AC lot Comprised of 11 two-story buildings, including an office/clubhouse The investment offers (16) 2 bed/1 bath, (42) 3 bed/2 bath, and (6) 4 bed/2 bath apartment homes Unit amenities include a fully equipped kitchen, patio/balcony, walk-in closets, and extra storage Community amenities include an onsite leasing office, computer room, fitness center, onsite laundry facility, playground and picnic area Built in two phases (2014, 2015) Located in Laramie, WY, home to University of Wyoming which has a current enrollment of 9,791 Area median income in Albany County has increased over 8% since 2017 Conveniently situated in close proximity to local schools, parks, shopping, and Interstate 80 Offering Memorandum available upon request
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 16 | - | 886 - 914 |
| 3+2 | 42 | - | 1,000 - 1,211 |
| 4+2 | 6 | - | 1,200 - 1,402 |
