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245 N Glenwood St 4 Unit Apartment Building $8,709,750 CAD ($2,177,438 CAD/Unit) 3.70% Cap Rate Jackson, WY 83001

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INVESTMENT HIGHLIGHTS

  • The value proposition: 1) World class resort location, 2) Apex zoning, 3) Luxurious renovations, 4) Historical 10-12% annual value appreciation.
  • The "gutted to studs" renovation allowed a rebuild with decorator quality designs, including back lit entertainment centers, and high end finishes.

EXECUTIVE SUMMARY

Mixed Use 4-Plex. Multi-Family (3 Luxury Apartments) + 1 Commercial Unit. Contained within the "CR-2/HO" Zoning (Commercial Residential / Housing Overlay). This zoning is the pinnacle of Jackson zoning, which allows short term rentals. The entire building's interior was renovated in 2023, using high-end finishes. An ower can buy the building and let their 3 tenants pay their mortgage.

DATA ROOM Click Here to Access

FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $8,709,750 CAD
Price Per Unit $2,177,438 CAD
Sale Type Investment
Cap Rate 3.70%
Sale Condition 1031 Exchange
No. Units 4
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Office Office Residential
Apartment Style Low-Rise
Building Class C
Lot Size 0.16 AC
Building Size 5,572 SF
Average Occupancy 100%
No. Stories 3
Year Built/Renovated 1992/2023
Parking Ratio 1.97/1,000 SF
Zoning CR-2 / HO - Zoned: Commercial Residential within enviable Town of Jackson Housing Overlay. A 4-plex with 3 residential apartments and 1 commercial unit (day-care)

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Disposal
  • Fireplace
  • Microwave
  • Heating
  • Ceiling Fans
  • Tile Floors
  • Kitchen
  • Granite Countertops
  • Vaulted Ceiling
  • Refrigerator
  • Stainless Steel Appliances
  • Wi-Fi
  • Deck
  • Family Room
  • Island Kitchen
  • Linen Closet

SITE AMENITIES

  • 24 Hour Access
Walk Score®
Very Walkable (78)
Bike Score®
Very Bikeable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R0004276
Land Assessment
$196,863 CAD (2025)
Improvements Assessment
$171,671 CAD (2025)
Total Assessment
$368,534 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2023
  • Listing ID: 30411863

  • Date on Market: 2023-12-20

  • Last Updated:

  • Address: 245 N Glenwood St, Jackson, WY 83001

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