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4-Plex in an Excellent Location in Cheyenne 1793 Spring Ct

4 Unit Block of Flats £758,194 (£189,549/Unit) 6.19% Net Initial Yield Cheyenne, WY 82009

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Investment Highlights

Excellent Location!
4 - 2bed/2bath units!

Attached garage for each unit!
Built in 2018!

Executive Summary

100% Leased! 2 bed/2 bath spacious 4 units with attached garage in the heart of Cheyenne. Walking distance from Frontier shopping mall, Target, HobbyLobby, Walgreens, and many major restaurants. Solid rental history and Quality construction make this an excellent investment. No other multifamily property can beat the location and convenience of the beautiful 4-plex with an attached garage for each unit. The owner pays anHOA that covers garbage removal and utilities for the common areas. Each unit has separate meters for utilities, and the tenants pay. This creates a great opportunity for a loan with a lower interest rate for a buyer looking to purchase a primary home. All units are currently leased. Take advantage of the opportunity!

Brochure

MLS

Property Facts

Price	£758,194	Apartment Style	Townhome
Price Per Unit	£189,549	Lot Size	0.23 AC
Sale Type	Investment	Building Size	4,400 SF
Net Initial Yield	6.19%	Average Occupancy	100%
Sale Conditions	1031 Exchange	Number of Floors	2
No. Units	4	Year Built	2018
Property Type	Residential	Parking Ratio	0.91/1,000 SF
Property Subtype	Apartment Multifamily Dormitory

Price	£758,194
Price Per Unit	£189,549
Sale Type	Investment
Net Initial Yield	6.19%
Sale Conditions	1031 Exchange
No. Units	4
Property Type	Residential
Property Subtype	Apartment Multifamily Dormitory
Apartment Style	Townhome
Lot Size	0.23 AC
Building Size	4,400 SF
Average Occupancy	100%
Number of Floors	2
Year Built	2018
Parking Ratio	0.91/1,000 SF