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940 W College Dr
Cheyenne, WY 82007

Capital Greens Apartments · Multifamily Property For Sale · 66 Units

PROPERTY FACTS

No. Units 66
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class B
Lot Size 5.52 AC
Building Size 65,792 SF
No. Stories 2
Year Built/Renovated 2005/2015

Unit Amenities

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Dishwasher
  • Microwave
  • Washer/Dryer
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower
  • Carpet
  • Freezer
  • Patio
  • Wheelchair Accessible (Rooms)
  • Window Coverings

Site Amenities

  • Business Center
  • Clubhouse
  • Fitness Center
  • Laundry Facilities
  • Playground
  • Basketball Court

About 940 W College Dr , Cheyenne, WY 82007

INVESTMENT SALE: $4,550,000 Cap Rate: 6.62% | NOI: $301,030 66-unit affordable housing community totaling 65,792 RSF on a 5.52 AC lot Comprised of 12 two-story buildings, including an office The investment offers (40) 2 bed/1 bath, (22) 3 bed/2 bath, and (4) 4 bed/2 bath apartment homes Unit amenities include patio/balcony, window coverings, and fully-equipped kitchen with energy star appliances Community amenities include an onsite leasing office, clubhouse, playground, basketball court, computer room and fitness center Built in 2015 Located in Cheyenne, WY, home to Laramie Community College which has a current enrollment of 6,148 In close proximity to local schools, shopping, Highway 85 and F.E. Warren Air Force Base Offering memorandum available upon request

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 40 - 886
3+2 22 - 998 - 1,164
4+2 4 - 1,352

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1-4285-0001-0001-1
Land Assessment
$88,498
Improvements Assessment
$219,429
Total Assessment
$307,927

zoning

Zoning Code HR-2
HR-2
  • Listing ID: 18016188

  • Date on Market: 12/20/2019

  • Last Updated:

  • Address: 940 W College Dr, Cheyenne, WY 82007

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