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404 10th St 5Plex 404 10th St 5 Unit Apartment Building $548,464 CAD ($109,693 CAD/Unit) 8.55% Cap Rate Wheatland, WY 82201

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Investment Highlights

  • Pro-forma Cap Rate of 7.6%
  • Recent renovations and huge upside potential
  • Seller carry offered at 5% interest rate/25% down

Financial Summary (Pro Forma - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $77,333 $20.88
Other Income - -
Vacancy Loss $5,413 $1.46
Effective Gross Income $71,920 $19.42
Taxes $2,049 $0.55
Operating Expenses $22,966 $6.20
Total Expenses $25,014 $6.75
Net Operating Income $46,906 $12.66

Financial Summary (Pro Forma - 2025)

Gross Rental Income (CAD)
Annual $77,333
Annual Per SF $20.88
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual $5,413
Annual Per SF $1.46
Effective Gross Income (CAD)
Annual $71,920
Annual Per SF $19.42
Taxes (CAD)
Annual $2,049
Annual Per SF $0.55
Operating Expenses (CAD)
Annual $22,966
Annual Per SF $6.20
Total Expenses (CAD)
Annual $25,014
Annual Per SF $6.75
Net Operating Income (CAD)
Annual $46,906
Annual Per SF $12.66

Property Facts

Price $548,464 CAD
Price Per Unit $109,693 CAD
Sale Type Investment
Cap Rate 8.55%
No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.33 AC
Building Size 3,704 SF
Average Occupancy 20%
No. Stories 1
Year Built/Renovated 1944/2025
Opportunity Zone Yes
Zoning Residential

Amenities

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Range
  • Tub/Shower

Site Amenities

  • 24 Hour Access
  • Tenant Controlled HVAC
  • Trash Pickup - Curbside
  • Walk-Up
  • Smoke Detector

Property Taxes

Property Taxes

Parcel Number
R0002910
Land Assessment
$3,511 CAD
Improvements Assessment
$24,465 CAD
Total Assessment
$27,976 CAD
Annual Taxes
$2,049 CAD ($0.55 CAD/SF)
Tax Year
2025
  • Listing ID: 37583619

  • Date on Market: 2025-09-07

  • Last Updated:

  • Address: 404 10th St, Wheatland, WY 82201

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