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245 N Glenwood St 4 Unit Apartment Building $6,300,000 ($1,575,000/Unit) 3.70% Cap Rate Jackson, WY 83001
Investment 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.
Executive Summary
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.
Data Room Click Here to Access
- Offering Memorandum
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Fireplace
- Microwave
- Heating
- Ceiling Fans
- Tile Floors
- Kitchen
- Granite Countertops
- Vaulted Ceiling
- Refrigerator
- Stainless Steel Appliances
- Wi-Fi
- Deck
- Family Room
- Island Kitchen
- Linen Closet
Site Amenities
- 24 Hour Access
1 1
Walk Score®
Very Walkable (78)
Bike Score®
Very Bikeable (78)
Property Taxes
| Parcel Number | R0004276 | Total Assessment | $261,351 (2025) |
| Land Assessment | $139,608 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $121,743 (2025) | Tax Year | 2023 |
Property Taxes
Parcel Number
R0004276
Land Assessment
$139,608 (2025)
Improvements Assessment
$121,743 (2025)
Total Assessment
$261,351 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Jackson Hole Realty Partners LLC
245 N Glenwood St
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