1621 Richard Martin Dr - Commercial-Issuu

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1621 RICHARD MARTIN DRIVE | CHEYENNE,

KEY FEATURES

• Income Potential: Generate approx. $6,000/month in rental income.

• Mondern Amenities: Each unit is equipped with high-end finishes including granite countertops and stainless steel appliances.

• Convenient Living: Enjoy the convenience of in-unit washer and dryers along with stylish laminate flooring throughout.

• Safety & Comfort: The building includes a state-of-the-art Fire Suppression System and individual HVAC systems with air conditioning for optimal comfort year-round.

• Prime Location: Situated on a corner lot within a vibrant community that boasts a new park featuring basketball courts, tennis courts, playgrounds, and scenic walking trails.

VALUATION

2024 Taxes - $4,238.07

PROPERTY DETAILS

• 4-Plex

• Built in 2022

• 871 Sq. Ft. per unit

• 2 Beds, 2 Baths per unit

• Annual Income: $71,400

• Annual Expenses: $9,048

• HOA - $3,600/year

• WST - $2,160/year

• Insurance - $3,288/ year

• Net Operating Income: $62,352

• Vacancy: 0%

1621 Richard Martin Drive - 4-Plex

Discover a prime investment opportunity with this exceptional 4-plex located at 1621 Richard Marin Trail in the heart of Cheyenne. Built in 2022, this well-maintained property features four identical units, each offering two spacious bedrooms and two modern bathrooms. This property offers not only an attractive return on investment, but also the benefits of modern living in a sought-after neighborhood. Don’t miss out on this fantastic opportunity!

FLOORPLAN OF ALL UNITS, 2 OF WHICH ARE REVERSED

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