Capital Greens at Harmony

940 West College Drive, Cheyenne, WY 82007
Status: Available
Year Built: 2005
Price: $4,550,000
For more information please contact:
jeff@lihtcadvisors.com
In Cooperation with:

Mike Elliott
Energy Real Estate Solutions, LLC
Managing Principal
701-713-6606
Mike.Elliott@Energyreco.com

Price Per Unit: $68,939
Price Per SF: $69.16
# of Units: 66
# of Buildings: 12
# of Stories: 2
Rentable SF: 65,792
Lot Size: 5.52 Acres
Density: 11.96 Units/Acre

Highlights:

  • Cheyenne is Home to Laramie Community College, Which has an Enrollment of 6,148
  • Multi-Family Property Located Minutes from Schools, Shopping, and Laramie College
  • F.E. Warren AFB is Located 6.8 Miles from the Property
  • High Area Median Income of $76,700 in Laramie County for 2019

Description:

Capital Greens at Harmony Apartments is a 66-unit affordable housing community located in Cheyenne, WY. The property is located minutes from schools, shopping, Highway 85, Laramie Community College, and F.E. Warren Air Force Base.

The property was built and placed in service in 2005 under the Section 42 Low-Income Housing Tax Credit (LIHTC) program. There are existing regulatory agreements in place which requires all units to be rented to income qualifying residents earning no more than 40%, 40% HOME, 45%, 50%, 55%, and 60% of Area Medium Income (AMI) limits, which are provided by the Wyoming Community Development Authority. The property is within its last year of the initial tax credit compliance period.

Capital Greens at Harmony offers two, three, and four bedroom apartment homes complete with a patio/balcony, window coverings, and a fully equipped kitchen with energy star appliances. Community amenities include an on-site leasing office, clubhouse, playground, basketball court, computer room, and fitness center.

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