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600 Central Ave 17 Unit Apartment Building $1,099,000 ($64,647/Unit) Cheyenne, WY 82007
EXECUTIVE SUMMARY
Discover the perfect blend of comfort and convenience with this renovated 17-unit property, ideally situated just moments away from the bustling highway and downtown Cheyenne. Whether you're looking to capitalize on the lucrative world of short-term rentals or seeking a strategic motel investment, this property offers endless potential to cater to a diverse array of guests. The renovations of this property present a turnkey opportunity for savvy investors. Tap into the lucrative short-term rental market or capitalize on the enduring appeal of traditional motel accommodations – the choice is yours!
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PROPERTY FACTS
| Price | $1,099,000 | Apartment Style | Low-Rise |
| Price Per Unit | $64,647 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.29 AC |
| No. Units | 17 | Building Size | 5,328 SF |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built/Renovated | 1937/2022 |
| Zoning | MUB | ||
| Price | $1,099,000 |
| Price Per Unit | $64,647 |
| Sale Type | Investment |
| No. Units | 17 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.29 AC |
| Building Size | 5,328 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1937/2022 |
| Zoning | MUB |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 17 | - | - |
1 1
PROPERTY TAXES
| Parcel Number | 1-1001-0627-0019-0 | Improvements Assessment | $27,448 |
| Land Assessment | $7,364 | Total Assessment | $34,812 |
PROPERTY TAXES
Parcel Number
1-1001-0627-0019-0
Land Assessment
$7,364
Improvements Assessment
$27,448
Total Assessment
$34,812
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600 Central Ave
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