Download Offering Materials: Rock Springs Apartments
Capstone Companies is pleased to offer the Rock Springs Apartments. This rare opportunity gives a buyer the ability to own 336 residential units, 87 storage units, and approximately 500 dedicated parking spaces spread out over a huge 19.88-acre campus. The campus contains 9 multi-family apartment buildings and 4 storage/utility buildings.
This value-add property is located in an energy rich region of Southwest Wyoming and lies within a Qualified Opportunity Zone. A buyer will have the chance to renovate interiors, raise rents to market rates, and increase occupancy which could result in double digit cap rates within a short amount of time.
Of the 5 multi-family properties in Rock Springs over 100 units, this property is the largest, making the Rock Springs Apartments a special investment opportunity.
