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  • $8,645,000

    2401 Grandview Pl, Casper, WY 82604

    3beds
    2baths
    71,676sqft
    : 
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    Multi Family
    Built in 1972
    -- sqft lot
    $-- Zestimate®
    $121/sqft
    $-- HOA

    What's special

    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
    58 days
    |
    198
    |
    9
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Lisa Burridge 307-259-3631,

    LPT Realty,

    Erin Burridge-Groenewald,

    LPT Realty

    Source: WYOMLS,MLS#: 20262147MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      Heating
      • Baseboard, Electric
      Cooling
      • Window Unit(s)
      Appliances
      • Included: Range/Oven
      • Laundry: Coin Operated
      Interior area
      • Total structure area: 71,676
      • Total interior livable area: 71,676 sqft

      Property

      Parking
      • Total spaces: 75
      • Parking features: None, Off Street
      Features
      • Levels: Two
      • Stories: 2
      • Fencing: None
      Lot
      • Size: 2 Acres
      Details
      • Parcel number: 33791740502200
      • Zoning description: Plnd Unit Dev
      • Other equipment: Landscaped

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Frame, Frame-Lap
      • Foundation: Concrete Perimeter
      Condition
      • New construction: No
      • Year built: 1972

      Utilities & green energy

      • Electric: Rocky Mountain Power
      • Sewer: Public Sewer
      • Water: City

      Community & HOA

      Community
      • Subdivision: Grandview
      Location
      • Region: Casper

      Financial & listing details

      • Price per square foot: $121/sqft
      • Tax assessed value: $786,905
      • Annual tax amount: $18,911
      • Date on market: 5/7/2026
      • Total actual rent: 1787
      • Tenant pays: Electricity

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $997/mo

        Price history

        Price history is unavailable.

        Public tax history

        YearProperty taxesTax assessment
        2015-- --
        2014-- $74,756
        2013-- --
        2012-- --
        2011-- --
        2010-- --
        2008-- --
        2006-- $50,160 +10%
        2005-- $45,581

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 82604

        Getting around

        43 / 100
        Car-Dependent
        34 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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