Forest Ridge 1719 Pine Cliff Dr 24 Unit Apartment Building $1,300,000 ($54,167/Unit) Rawlins, WY 82301
INVESTMENT HIGHLIGHTS
- Site includes individual storage units
EXECUTIVE SUMMARY
Turnkey apartment building. This well-maintained investment includes a newer roof & heating components which are less than 4 years old. All apartments are generous sized and have been updated. Property consists of 24 apartments providing 1-3 bedrooms for various needs. Clean coin operated on site laundry room for convenient use. Site includes individual storage units for tenant plus covered parking. Easy elevator available for access to upper floors. Seller will provide 2 years of financials to interested Buyers upon request.
PROPERTY FACTS
| Price | $1,300,000 |
| Price Per Unit | $54,167 |
| Sale Type | Investment |
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.00 AC |
| Building Size | 20,376 SF |
| Average Occupancy | 92% |
| No. Stories | 2 |
| Year Built | 1969 |
| Zoning | Multiple-family Dwelling - Multiple-family Dwelling District |
AMENITIES
UNIT AMENITIES
- Dishwasher
- Heating
- Kitchen
- Refrigerator
- Range
- Smoke Free
SITE AMENITIES
- Laundry Facilities
- Furnished Units Available
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 2 | - | 650 |
| 2+1 | 16 | - | 750 |
| 3+1 | 6 | - | 950 |
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PROPERTY TAXES
| Parcel Number | R0009613 | Improvements Assessment | $130,728 |
| Land Assessment | $13,979 | Total Assessment | $144,707 |
CONTACTS
-
Marie Sjolin -
Patricia Armenta -
Markey Real Estate
