NOT LISTED FOR SALE

984 Budge Dr Jackson, WY 83001

-- Bed
-- Bath
8,000 Sq Ft
1.47 Acres

Last Sold June 20, 2017

297 Days on Market

About This Home

As of June 2017

Conveniently 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

Last Buyer's Agent

Darren Kleiman

Jackson Hole Sotheby's International Realty License #4407

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$594

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Sub Type: Multi-Family
  • Prop. Type: Multi-Family
  • Lot Size Acres: 1.47
  • Subdivision Name: Town of Jackson
  • Year Built: 1977
  • Property Info:Horses Allowed: No
  • Property Info:House Style: Mobile Home
  • Fuel Type:Natural Gas: Yes
  • Sale Status:Potential Short Sale: No
  • Water:Public: Yes
  • Sewer:Public2: Yes
  • Special Features: None

Interior Features

  • Has Basement: None
  • Basement:None8: Yes

Exterior Features

  • Construction Type: Other
  • Construction:Other5: Yes

Garage/Parking

  • Property Info:Garage Type2: None

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 64033.2
  • Parcel #: 22-41-16-32-1-07-001
  • Zoning Description: Multi-Family

Multi Family

  • Number Of Units Total: 15

Tax Info

  • Tax Annual Amount: 593.81
  • Tax Year: 2015

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2017

    Brett McPeak

    Obsidian Real Estate

  • Darren Kleiman

    Buyer's Agent in 2017

    Darren Kleiman

    Jackson Hole Sotheby's International Realty

    (307) 690-7642

    27 Total Sales

    Darren Kleiman
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Map

Source: Teton Board of REALTORS®

MLS Number: 16-558

Wyoming Teton County Jackson 83001

984 Budge Dr, Jackson, WY

Not Listed for Sale

MultiFamily

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