404 10th St, Wheatland, WY

Multi-family for Sale - $400,000 - 3,074 Sq. Ft.


Agent Info

Mariah Jeffery
Coldwell Banker Commercial The Property Exchange

Property Info

CIMLS#1181144
Location
  404 10th St
  Wheatland WY 82201
UpdatedApril 8th, 2026
TypeMulti-family
Price$400,000
Building3,074 Sq. Ft.

Property Description

This well-maintained 5-unit income property is fully leased and is currently operating at a 9.32% Cap with upside potential and a pro-forma cap around 10.4%. It features four 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit with washer/dryer hookups, all with new flooring. There is a large garage with 5 separate units that is currently being used by the owner for storage. This offers additional income opportunity for the new owner to lease these units and raise the rent. Seller *may* carry at a minimum of 25% down (non-negotiable) and 5% interest rate with a 5 year balloon (max). A rare earth mineral mine west of Wheatland, set to ramp up in 2026, adds further growth potential. The detached 5-car garage assigns one spot per tenant, though previously used by the owner. Gas is owner-paid; electric, water, and sewer are separately metered, reducing costs. Perfect for investors seeking cash flow and value-add potential in a high-demand market.


Financials