3656 N Fork Hwy
Cody, WY 82414

Prime investment opportunity! Located 15 minutes outside Cody, Wyoming and 45 minutes from the East Gate of Yellowstone National Park. Stunning 360-degree views. Close to City of Cody for shopping, dining, and entertainment but also close to Yellowstone National Park, making this a great location for catching the tourists. Surrounded by Buffalo Bill State Park and the Buffalo Bill Reservoir, hiking, fishing, hunting, camping, rock climbing, world-class ice climbing, and more. Even though it appears remote, the location provides easy, year-round access to Cody. The existing building consists of 8 apartments, all renovated in 2018. Four new water heaters and water expansion tank. All new flooring, kitchens, upgraded bathrooms, new trim, and more. Property is on a well with great water, rated at the maximum of 25 gallons per minute. Some units are already rented and occupied. Unit Size BD/BA Projected Rent Unit 1 1344 2/1.5 $1,275.00 Unit 2 1008 2/2.5 $1,100.00 Unit 3 336 1/1.0 $ 700.00 Unit 4 1344 2/2.5 $1,275.00 Unit 5 combined with Unit 6 Unit 6 1344 2/2.5 $1,275.00 Unit 7 672 1/2.0 $ 850.00 Unit 8 1008 1/2.0 $1,050.00 Unit 9 672 1/2.0 $ 850.00 Utility Room 336 These units are currently set up as long-term rentals but some of them were used part-time as vacation rentals in the past and did well with minimal marketing. Being close to town and the park makes it a great location for tourists and large groups or families could rent multiple units simultaneously, making it a great gathering spot. Approximately 2/3 of the property is flat, vacant land ready for whatever you can dream up. Zoned commercial so you can add a business, storage units, RV park, more apartments, guest cabins, residential, and more. See attached Land Use Change for more ideas!