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- LoopNet Team
430 E Richards St
Douglas, WY 82633
Homestead Apartments · Multifamily Property For Sale
·
10 Units
INVESTMENT HIGHLIGHTS
- Apartments and Office
- 100% Occupancy
PROPERTY FACTS
| No. Units | 10 | Building Size | 5,494 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built/Renovated | 1946/2015 |
| Lot Size | 0.39 AC | ||
| Zoning | commercial | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Lot Size | 0.39 AC |
| Building Size | 5,494 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1946/2015 |
| Zoning | commercial |
AMENITIES
SITE AMENITIES
- 24 Hour Access
ABOUT 430 E RICHARDS ST , DOUGLAS, WY 82633
HOMESTEAD APARTMENTS – Douglas, Converse County, Wyoming: Located at the high-visibility intersection of 5th and Richards in Douglas sits this turn-key, nine unit apartment complex. Each unit has been skillfully remodeled and provides furnished rentals currently ranging from $925 to $1,075 per month. The rentals are comprised of two studio suites, two one-bedroom units, and five two-bedroom apartments. Each unit is equipped with high-speed wired and wireless internet, cable TV, television, full refrigerator, oven/electric range, beds, and dressers. Tenants are able to control their own climate as each room is equipped with thermostat-controlled Amana heat and AC units. A tenant laundry area, large maintenance room, and storage shed are also included in this 4,576 sq. ft. business. In addition to the nine rentals, there is an 832 sq. ft. two-suite office with a reception/waiting area, bathroom, geo-thermal climate control, and storage closet. This could be converted into more rentals; an owner’s living quarters, or rented as office space. Pride of ownership is evident in and around each property. A 50-year Mule Hind roof was installed in 2014, the parking lot is fully asphalted, and the siding of the property is a mix of steel siding and cement board. This well established and fully occupied business is an excellent business opportunity in Wyoming’s third fastest growing town. Price: $1,100,000
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 2 | $925.00 | - |
| 1+1 | 2 | $1,000 | - |
| 2+1 | 5 | $1,075 | - |
PROPERTY TAXES
| Parcel Number | R0006107 | Improvements Assessment | $48,346 |
| Land Assessment | $10,773 | Total Assessment | $59,119 |
PROPERTY TAXES
