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Wyoming National Apartments 204 E 2nd St 46 Unit Apartment Building For Sale Casper, WY 82601
INVESTMENT HIGHLIGHTS
- Ideal investment property
EXECUTIVE SUMMARY
- Multifamily LIHTC Property in a beautifully restored historical building situated in the heart of downtown Casper, containing 46 residential units and 4 commercial units
- Well performing asset with an occupancy rate of 95.3% over the trailing-12 months and tremendous rental upside as the gross rental limits are projected to increase by 5.23% in 2025
- Potential to assume the very attractive existing HOME loan with a balance over $650,000 and a 0% interest rate
- Well performing asset with an occupancy rate of 95.3% over the trailing-12 months and tremendous rental upside as the gross rental limits are projected to increase by 5.23% in 2025
- Potential to assume the very attractive existing HOME loan with a balance over $650,000 and a 0% interest rate
PROPERTY FACTS Under Contract
| Sale Type | Investment | Lot Size | 0.23 AC |
| No. Units | 46 | Building Size | 52,530 SF |
| Property Type | Multifamily | Average Occupancy | 97% |
| Property Subtype | Apartment | No. Stories | 6 |
| Apartment Style | Mid-Rise | Year Built/Renovated | 1917/2007 |
| Building Class | C | Opportunity Zone |
Yes
|
| Sale Type | Investment |
| No. Units | 46 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 52,530 SF |
| Average Occupancy | 97% |
| No. Stories | 6 |
| Year Built/Renovated | 1917/2007 |
| Opportunity Zone |
Yes |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Microwave
- Storage Space
- Refrigerator
- Range
SITE AMENITIES
- Laundry Facilities
- Property Manager on Site
- Elevator
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 25 | - | 750 |
| 2+1 | 21 | - | 1,000 |
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Walk Score®
Very Walkable (85)
Bike Score®
Very Bikeable (86)
PROPERTY TAXES
| Parcel Number | 33-79-09-1-0-500800 | Improvements Assessment | $88,628 |
| Land Assessment | $6,061 | Total Assessment | $94,689 |
PROPERTY TAXES
Parcel Number
33-79-09-1-0-500800
Land Assessment
$6,061
Improvements Assessment
$88,628
Total Assessment
$94,689
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Wyoming National Apartments | 204 E 2nd St
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