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404 10th St 5Plex 404 10th St 5 Unit Apartment Building $558,368 CAD ($111,674 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 $78,730 $21.26
Other Income - -
Vacancy Loss $5,511 $1.49
Effective Gross Income $73,219 $19.77
Taxes $2,086 $0.56
Operating Expenses $23,380 $6.31
Total Expenses $25,466 $6.88
Net Operating Income $47,753 $12.89

FINANCIAL SUMMARY (PRO FORMA - 2025)

Gross Rental Income (CAD)
Annual $78,730
Annual Per SF $21.26
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual $5,511
Annual Per SF $1.49
Effective Gross Income (CAD)
Annual $73,219
Annual Per SF $19.77
Taxes (CAD)
Annual $2,086
Annual Per SF $0.56
Operating Expenses (CAD)
Annual $23,380
Annual Per SF $6.31
Total Expenses (CAD)
Annual $25,466
Annual Per SF $6.88
Net Operating Income (CAD)
Annual $47,753
Annual Per SF $12.89

PROPERTY FACTS

Price $558,368 CAD
Price Per Unit $111,674 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
  • Listing ID: 37583619

  • Date on Market: 2025-09-07

  • Last Updated:

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

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