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34064987
34064991

5 Locations

MK
WY RE-14563
North Platte Agency
MB
SD 21232
NAI Sioux Falls
Listed by North Platte Agency, NAI Sioux Falls
$4,500,000
6 days on market
Updated 6 days ago

Douglas Multifamily Portfolio

Details
Property Type Multifamily
Sub Type Apartment Building, Low-Rise/Garden
Square Footage 1
Units 31
Cap Rate 6.70%
NOI $268,211
Occupancy 100%
Tenancy Multi
Buildings 5

Douglas Multifamily Portfolio, Douglas, WY 82633

Marketing description

NAI Sioux Falls is proud to present a unique portfolio investment opportunity consisting of 5 multifamily assets in Douglas, Wyoming. All assets to be sold in one sale.

This portfolio consists of 31 fully leased units across a diverse mix of multifamily properties in Douglas, Wyoming, including two 10-plexes, one 4-plex, three twin homes, and one townhome. The unit mix features 4 one-bedroom units, 22 two-bedroom units, and 5 three-bedroom units, providing broad tenant appeal and stable occupancy. With a current cap rate of 6.70% and strong in-place income, this offering presents a solid investment opportunity with immediate cash flow in a growing Wyoming market.

The portfolio is located across several well‑established residential neighborhoods in Douglas, Wyoming, offering close proximity to downtown amenities, schools, shopping, and major employment centers. These properties benefit from quiet neighborhood settings, strong tenant appeal, and convenient access throughout the community.

Investment highlights

Unique portfolio investment opportunity consisting of 5 multifamily assets in Douglas, Wyoming.

All assets to be sold in one sale.

Portfolio consists of 31 fully leased units across a diverse mix of multifamily properties

Broad tenant appeal and stable occupancy.

Strong in-place income, this offering presents a solid investment opportunity with immediate cash flow in a growing Wyoming market.

Address: 840-846 Grant Street, Douglas, Wyoming

Unit Mix: 4 Units: (2) 2 Bed; 1 Bath, (2) 3 Bed; 1.5 Bath

Rental Income: $5,000

Year Built: 1980

Tenants pay for all utilities; the owner covers irrigation. (Electric heat)

Address: 1167 Mesa Drive, Douglas, Wyoming

Unit Mix: 10 Units: (16) 2 Bed; 1 Bath, (4) 1 Bed; 1 Bath

Rental Income: $16,635

Year Built: 1977

Tenants pay for electric; the owner pays for water and gas. (Boiler heat)

Address: 2011 Adobe Avenue, Douglas, Wyoming

Unit Mix: 6 Units: (4) 2 Bed; 2 Bath, (2) 3 Bed; 2 Bath

Rental Income: $8,900

Year Built: 2003

Tenants pay for gas and electric; the owner pays for water. (Forced air gas with A/C)

Address: 2012 Adobe Avenue, Douglas, Wyoming

Unit Mix: 10 Units: (16) 2 Bed; 1 Bath, (4) 1 Bed; 1 Bath

Rental Income: $16,635

Year Built: 1978

Tenants pay for electric; the owner pays for water and gas. (Boiler heat)

Address: 1378 Sweetwater Court, Douglas, Wyoming

Unit Mix: 1 Unit: 3 Bed; 2 Bath

Rental Income: $1,800

Year Built: 1980

Listing Contacts

MK
WY RE-14563
North Platte Agency
MB
SD 21232
NAI Sioux Falls
Listed by North Platte Agency, NAI Sioux Falls

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$268,211.00
$22,350.92/mo

Valuation Metrics

0
DSCR
5.96%
Cap Rate
5.96%
ROI

Map

Zoning

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R-3 ResidentialMulti FamilyMultiple Residence
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View all 145 uses
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Last updated Jun 1, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Michaela Kones
License
RE-14563
Brokerage
North Platte Agency
Brokerage Phone
3072987143
Brokerage Address
309 Center Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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