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$495,000
20263823 MLS
All Brick, well cared for 5-plex investment property centrally located with exceptional rental history and low vacancy rate. Great location within walking distance to the Hospital, Downtown shopping, restaurants and recreation. Dedicated parking off alley, storage closet and laundry in the building to make it attractive for tenants. All units currently rented. Great Investment opportunity for a property with a proven track record. Current Cap Rate with management company fees of 8%. Keep existing agreement or increase your personal cash flow. Current grossing $4350/month with some room for growth. Additional pictures available of units 2, 3 and 5 from when they were last vacant. More interior pictures coming as available.

926 E 2nd Street, Casper

$8,645,000
20262147 MLS
High-Yield 67-Unit Condo Portfolio | Strong In-Place Income | 8.3% Cap Rate Rare opportunity to acquire a 67-unit residential condo portfolio offering immediate scale, stable cash flow, and an attractive 8.3% cap rate at current operations. This asset delivers consistent in-place income supported by a diversified tenant base, making it well-suited for investors seeking reliable yield in today’s market. The property benefits from solid occupancy and established rental performance, with minimal reliance on pro forma assumptions. Investors can step into a stabilized asset with predictable revenue from day one. The condo structure provides additional strategic flexibility, including the potential for future unit-by-unit disposition (subject to market conditions and HOA guidelines), offering a compelling long-term value enhancement opportunity. This offering is ideal for yield-focused buyers, 1031 exchange investors, or groups seeking a scaled residential investment with both current income and optional upside. Highlights: 67 residential units within a condo project Strong in-place NOI of $712,172 (based on Seller provided info) Attractive 8.3% cap rate at asking price (based on recent appraisal) Stable occupancy and consistent rental income Potential long-term exit via condo sell-off strategy Turnkey investment with immediate cash flow

2401 Grandview Place, Casper