B
Seller's Agent in 2017
Brett McPeak
Obsidian Real Estate
984 Budge Dr Jackson, WY 83001
--
Bed
--
Bath
8,000
Sq Ft
64,033
Sq Ft Lot
About This Home
As of June 2017Conveniently located in the town of Jackson, this 1.47-acre parcel currently houses 15 existing units and generates gross rents of more than $120,000/year. With 22 bedrooms in total, this property in its current configuration provides a turn-key affordable housing solution for a local employer. The property is also close to public transportation and is serviced by town of Jackson utilities. The property is also a candidate for redevelopment. Removing the existing structures and adding 15 new units boasts the potential to increase gross rents to more than $250,000/year. Provided the final development plan of the subdivision adheres to the town of Jackson's Land Development Regulations, each of the new smaller lots would be eligible for a main house and two accessory residential units, or guest houses, (one attached and one detached). The property also potentially qualifies for a Planned Unit Development that would allow up to 19,000 sq.ft. of total habitable finished space spread across multiple units. With the ongoing pressure to find affordable housing options across Teton County, this property is one of the few remaining parcels in the town of Jackson with future development potential to create a multi-unit solution close to public transportation and other amenities.
Last Agent to Sell the Property
Brett McPeak
Obsidian Real Estate Listed on: 03/25/2016
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $594
Year Built
- Built in 1977
Lot Details
- 1.47 Acre Lot
Home Design
- 8,000 Sq Ft Home
Mobile Home
Community Details
- No Home Owners Association
- 15 Units
- Town Of Jackson Subdivision
Listing and Financial Details
- Assessor Parcel Number 22-41-16-32-1-07-001
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Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/20/2017 06/20/17 | Sold | -- | -- | -- |
| 01/17/2017 01/17/17 | Pending | -- | -- | -- |
| 03/25/2016 03/25/16 | For Sale | $1,895,000 | -- | $237 / Sq Ft |
Source: Teton Board of REALTORS®
Agents Affiliated with this Home
-
-
Darren Kleiman
Buyer's Agent in 2017
Darren Kleiman
Jackson Hole Sotheby's International Realty
(307) 690-7642
27 Total Sales
Map
Source: Teton Board of REALTORS®
MLS Number: 16-558
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