52 16Th StWheatland, WY 82201

For Sale
$750,000
23-unit apartment building, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional investment opportunity presents a 23-unit apartment building situated on a 0.9-acre lot in Wheatland, Wyoming. The property, built in 1998, boasts a total of 14,995 square feet across two buildings and is zoned for Highway Business use. Originally designed as senior housing, this versatile property offers a multitude of redevelopment possibilities. The existing configuration includes 23 apartment units, each featuring a private 3/4 bathroom and a living area/bedroom. Several units also include kitchenettes equipped with a sink, small refrigerator, and microwave. Adding to the property's appeal are 16 storage units and 4 garages, providing ample additional income streams. The main floor encompasses a spacious living room with a fireplace, a sunroom, a dining room connected to a commercial kitchen, three offices, and two laundry facilities, along with a beauty shop. Exterior amenities include a wrap-around covered porch, a gazebo, Pella windows, central air conditioning, underground sprinklers, a newer roof, a fire suppression system, a hydraulic elevator, off-street parking for 10 vehicles, and a backup generator for essential equipment. The property is beautifully landscaped and enjoys a mountain view. With its substantial lot size (39,200 square feet), there's potential for future expansion. The asking price for this unique property is $750,000.

Highlights

  • $750,000 asking price for a multifamily property.
  • 23-unit apartment building on a 0.9-acre lot.
  • 14,995 square feet, with two buildings built in 1998.
  • Highway Business zoning.
  • 10 parking spaces.

Property Details for 52 16Th St

Property type
Retail properties, Apartment buildings
Square Feet
14,995 SF
Year Built
1998
Buildings
2
Lot Size (sq. ft)
39,204 SF
Units
23

Location Insight

City
Wheatland
County
Platte
State
Wyoming
Latitude
42.0440024
Longitude
-104.9624323
52 16Th St, Wheatland, Wyoming

FAQs

What type of property is this?
Retail property - 23-unit apartment building, prime location.
Where is the retail property located?
The property is located at 52 16Th St Wheatland, WY.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: $750,000 asking price for a multifamily property.; 23-unit apartment building on a 0.9-acre lot.; 14,995 square feet, with two buildings built in 1998.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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52 16Th St
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