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100 E 28th St
Cheyenne, WY 82001

$389,900 USD

Apartments For Sale  •  2,426 SF

Property Details

  • Property Type Apartments
  • Total Building Size 2,426 SF
  • Lot Size 0.12 AC
  • Building Class C
  • Year Built 1921
  • Cap Rate 9.81 %
  • Zoning MUB
50 Walk Score

Highlights

Located in a pedestrian-friendly corridor with unobstructed views of the Capital Building.
Demonstrates a strong return profile with potential to significantly enhance rental yields over time.
Features multiple dwellings, including a detached garage converted to a private carriage house
Mixed-Use Business zoning supports versatile applications such as professional office or residential uses.
Current operations include a functioning short-term rental unit with growth potential.
Value-add strategy supported by the ability to renovate units sequentially while maintaining income streams.

Property Flyers

Financial Summary

Cap Rate: 9.81 %
Mariah Jeffery 571-244-8938 Coldwell Banker - The Property Exchange, Inc.
Mariah Jeffery 571-244-8938 Coldwell Banker - The Property Exchange, Inc.