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600 Central Ave

17 Unit Apartment Building $1,658,380 CAD ($97,552 CAD/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!

Data Room Click Here to Access

Property Facts

Price $1,658,380 CAD
Price Per Unit $97,552 CAD
Sale Type Investment
Sale Conditions 1031 Exchange
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

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 17 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1-1001-0627-0019-0
Land Assessment
$10,438 CAD
Improvements Assessment
$38,571 CAD
Total Assessment
$49,009 CAD

zoning

Zoning Code MUB
MUB
  • Listing ID: 31391894

  • Date on Market: 2024-04-02

  • Last Updated:

  • Address: 600 Central Ave, Cheyenne, WY 82007

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