Multi-Family Site | Paradise Valley

2.986 Acres Casper, WY

$395,000

Luker Realty, LLC has been retained to offer for sale a +/-3 acre multi-family development site. This site is being sold along with the a full set of construction plans for a 48 or 52 unit development with completed and assignable (for easier up-date) Geo-tech and soils reports. Owner also successfully negotiated an engineered storm water retention and mitigation plan. A clean Phase 1 has also been completed and available for review. A traffic study was also completed as part of the City requirements. Project is perfect for a tax credit or market 221 (d) development.

Casper is experiencing very strong multi-family market demand with a need for more units. Energy sector companies are going as far as purcahsing single family homes to house their employees due to a lack of available rentals and multi-family vacancy is +/-2%.

Casper is in Natrona County Wyoming, with a population of 75,000. The economy is vibrant with a broad industry base built around the hydro-carbon sector. Casper, blessed with the natural resources of Wyoming, is centrally located and serves as the hub for energy, office, finance, and retail trade areas of Wyoming. Companies are opening new facilities, creating jobs, infusing capital, and solidifying investment in the Casper market. The regional economy is strong and demand for office space is steady.

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p: 307-265-8000

info@lukerrealty.com

© 2017 Luker Realty, LLC

940 E. 3rd Street, Suite 104
Casper, WY 82601