325-335 W Broadway Ave - Apartments FOR SALE


Jackson, WY 83001
$11,400,000 USD
307-413-7799
325-335 W Broadway Ave, Jackson, WY for Sale
$11,400,000 USD
Apartments - FOR SALE
1/8
null | Request Cap Rate

325-335 W Broadway Ave
Jackson, WY 83001


OVERVIEW

Incredible opportunity to provide housing, or potentially hostelry / condominium uses in Jackson, Wyoming. The Jackson Towne Center is a 24-unit property that is located on four 7,000 square foot lots in the DC-1 (Lodging Overlay) zone. The property was historically occupied for timeshare use and is comprised of (22) 2-bedroom units and (2) 3-bedroom units for a total of 50 bedrooms. ALL UNITS WITH FULL KITCHEN. The property fronts Broadway and is three blocks west of the Jackson Town Square, this location is adjacent to the Miller Park START Bus Terminal. As the property has been in the process of timeshare termination, active reports of income are not available. Title work has been completed and the property will be sold with merchantable insurable title, free and clear of the timeshare regime. The property is currently operated for local leasing and short-term guest use under its current condition and maintains all existing utility services. With the wind-down of timeshare operations, local property management has been scaled back and the seller is comprised of non-local board members with limited knowledge of the actual condition of the improvements. The property is being sold in its current "as-is" condition. Some LT leases exist that are month-to-month as of 3/31/25

FOR SALE DETAILS

PRICE

$11,400,000 USD

PRICE/SF

$407 USD /SF

# OF UNITS

24

PRICE/UNIT

$475,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.65 AC

LAND SF

28,314 SF

ZONING

DC-1

APN/PARCEL ID

R0004306

ASK ABOUT THIS PROPERTY

Andrew CornishJackson Hole Sotheby's International RealtyMore Info
307-413-7799

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Andrew CornishJackson Hole Sotheby's International RealtyMore Info
307-413-7799

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.