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Scott Leach
Scott Leach
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Offered by:
Clark & Associates Land Brokers, LLC

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Homestead Apartments 430 East Richards Street
Douglas, WY 82633
MLS# HOMESTEAD APARTMENTS ID: 58352979
$1,295,000
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Property Description
Homestead Apartments Located at the high-visibility intersection of 5th and Richards in Douglas sits this turn-key, nine unit apartment complex. Each unit has been skillfully remodeled and provides furnished rentals currently ranging from $925 to $1,075 per month. The rentals are comprised of two studio suites, two one-bedroom units, and five two-bedroom apartments. Each unit is equipped with high-speed wired and wireless internet, cable TV, television, full refrigerator, oven/electric range, beds, and dressers. Tenants are able to control their own climate as each room is equipped with thermostat-controlled Amana heat and AC units. A tenant laundry area, large maintenance room, and storage shed are also included in this 4,576 sq. ft. business. In addition to the nine rentals, there is an 832 sq. ft. two-suite office with a reception/waiting area, bathroom, geo-thermal climate control, and storage closet. This could be converted into more rentals; an owner’s living quarters, or rented as office space. Pride of ownership is evident in and around each property. A 50-year Mule Hind roof was installed in 2014, the parking lot is fully asphalted, and the siding of the property is a mix of steel siding and cement board. This well established and fully occupied business is an excellent business opportunity in Wyoming’s third fastest growing town. Price: $1,295,000 Contact Scott Leach at 307-331-9095 or Travis Gitthens at 307-315-1274.
Property Features
Status
Last Updated June 18, 2019
Market Status Available
Description
Property Type Commercial
Approx. Lot Size .39 Acres
Schools Near Property

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School District Grades Type
Converse County School District #1 Preschool-8 Public
School District Grades Type
Converse County School District #1 Preschool-8 Public
School District Grades Type
Converse County School District #1 2-3 Public
Converse County School District #1 K-1 Public
Converse County School District #1 4-5 Public
Converse County School District #1 K-8 Public
Converse County School District #2 K-4 Public
Converse County School District #1 K-8 Public
Converse County School District #1 Preschool-8 Public
Converse County School District #1 K-8 Public
Converse County School District #1 K-8 Public
School District Grades Type
Converse County School District #1 6-8 Public
Converse County School District #1 K-8 Public
Converse County School District #2 5-8 Public
Converse County School District #1 K-8 Public
Converse County School District #1 Preschool-8 Public
Converse County School District #1 K-8 Public
Converse County School District #1 K-8 Public
School District Grades Type
Converse County School District #1 9-12 Public
Converse County School District #2 9-12 Public
Data on community demographics, schools and recent sales provided by OnBoard LLC Copyright © 2002 - 2012 OnBoard LLC. Information is deemed reliable but is not guaranteed.
Recent Sales Near Property
Address Beds Baths Price
1 331 3rd, Douglas, Wy 82633 2 3 $296,000
2 318 4th, Douglas, Wy 82633 4 3 $172,500
3 318 4th, Douglas, Wy 82633 4 3 $134,480
4 321 4th, Douglas, Wy 82633 5 3 $135,938
5 311 5th, Douglas, Wy 82633 3 1 $166,113
6 420 5th, Douglas, Wy 82633 3 2 $183,149
7 504 Poplar, Douglas, Wy 82633 2 1 $166,666
8 203 5th, Douglas, Wy 82633 2 2 $164,141
9 334 6th, Douglas, Wy 82633 1 3 $203,889
10 510 Poplar, Douglas, Wy 82633 2 2 $166,068
Data on community demographics, schools and recent sales provided by OnBoard LLC Copyright © 2002 - 2012 OnBoard LLC. Information is deemed reliable but is not guaranteed.
Receive a Free Community Profile
Quick Glance
Population 9,858
Population Growth 21%
Population Density 3
Median Age 37.0
Median Income $56,098
Households 4,001
Weather
Jan Low 11.97
Jan High 34.21
July Low 44.77
July High 81.06
Annual Precipitation (in.) 48.58
Weather Risk Index* 19
*Index score (100 = National Average) that represents the total risk
Douglas Demographics
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Douglas Housing Statistics
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Data on community demographics, schools and recent sales provided by OnBoard LLC Copyright © 2002 - 2012 OnBoard LLC. Information is deemed reliable but is not guaranteed.
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