This property has an exceptional rental history with a low vacancy rate. Located in the east central part of the City of Cheyenne, WY, it is close to schools, restaurants, automotive services, family recreation & more. Investing in the Cheyenne housing market at this time is very advantageous with the exciting economic development in this city at this time. With Microsoft expanding its footprint here with 3 new centers presently under construction, the recent announcement of the mega development of Meta, parent of Facebook, Instagram & more, beginning construction this summer & the multi-billion dollar Sentinel missile replacement with F. E. Warren AFB, it is definitely time to get in on the "ground floor.
Rarely will you find a mid-priced apartment building with garages, and this unit has just that - a 4-car detached garage with an independent garage for each unit. With vinyl exterior siding on both the building & garages, exterior maintenance for the structures is minimal. This property is well maintained to include the replacement of all 4 furnaces for the individual units just 2 years ago.
This is a first-class investment opportunity. More details are available. The present owners will be participating in a 1031 tax-deferred exchange so they are asking that the buyer(s) acknowledge & accept these conditions.