Natrona County · Casper
Sell Your Commercial Property In Casper, WY
From Downtown Casper to Evansville, we buy Casper multifamily and commercial apartment properties of 5+ units in every condition. Owners and agents get a straight answer on fit, usually within two business days.
- Clear feedback on your deal, typically within 48 hours
- 5 to 100+ units, stabilized or distressed, listed or off-market
- Owners, agents, and brokers welcome — every conversation is confidential
We buy:Tired landlordsEstate & trust sales1031 exchangesDeferred maintenanceHigh vacancyPartnership splits
Neighborhoods & Nearby Towns: Downtown Casper · Mills · Evansville · East Casper — Natrona County, WY
Market Snapshot
Renter Demand In Casper
Casper's rental market rests on oil and gas service work, regional health care and home values below the Wyoming median. The Census Bureau's 2020-2024 American Community Survey counted 58,839 residents in Casper. It also counted 7,713 renter households, 30.2% of occupied homes, and 4,851 homes in buildings of five or more units.
Owners who want to sell commercial property in Casper, WY will see buyers start with a few numbers. HUD's FY2027 two-bedroom fair market rent is $1,045. Median gross rent is $1,009, and rental vacancy is 5.8%. Taxes come next, at 72.876 mills on 9.5% of market value.
This profile covers each figure, Wyoming's landlord statutes, a worked Natrona County tax example and what the data means for a sale. Every number links to the Census Bureau, HUD, the Wyoming Legislature, Natrona County or the employer data that reported it. It also compares Casper with Mills and Evansville, two incorporated towns in Natrona County.
Energy and mining jobs
Mining, including oil and gas, averaged 2,110 Natrona County jobs in 2024 at a $112,097 average wage, per Wyoming Workforce Services. Support activities for mining supplied 1,623 of them.Regional health care
Health care and social assistance averaged 6,103 Natrona County jobs in 2024, including 1,540 at hospitals. Banner Wyoming Medical Center reported 249 beds on two campuses in February 2023.Lower home values
Casper's median owner-occupied home value was $260,400 in ACS 2020-2024, $49,300 below Wyoming's $309,700. That puts Casper at 84.1% of the state figure, per Census table B25077.Our Buy Box
What We Buy In Casper
Asset Type
Multifamily, 5+ Units
Apartment buildings and income-producing residential.
Size
5 – 100+ Units
Sweet spot: 15–25 units.
Condition
Stabilized To Distressed
Value-add, mismanaged, and high-vacancy properties welcome.
Deal Types
Listed Or Off-Market
Direct-to-owner, pocket listings, portfolios.
Local Market Data
Casper Apartment Market
Figures gathered October 2026 from public market data.
Who rents in Casper
Casper has 7,713 renter households, 30.2% of its 25,565 occupied homes, per ACS 2020-2024 table B25003. Natrona County's renter share is 26.3%, and Wyoming's is 28.2%. Casper holds 86.5% of Natrona County's 8,919 renter households.
Renting varies across the metro. In Evansville, 31.7% of occupied homes are rented, per ACS 2020-2024. Mills sits lower at 24.9%, while Downtown Casper and East Casper fall inside the Casper totals above.
Jobs set the tenant base. Natrona County averaged 39,997 covered jobs in 2024, per Wyoming Department of Workforce Services data. Health care and social assistance supplied 6,103 of them. Mining, including oil and gas, supplied 2,110.
Rents and affordability in Casper
Median gross rent in Casper was $1,009 a month in ACS 2020-2024. Natrona County's median was $1,016, and Wyoming's was $992. Median household income in Casper was $70,218. A year of median rent, $12,108, equals 17.2% of that income.
Rent burden runs heavier than that ratio suggests. In Casper, 43.7% of renter households pay 30% or more of income on housing, per table B25070. That includes 19.3% who pay half or more, against 18.3% statewide.
HUD's FY2027 fair market rents for the Casper, WY MSA took effect October 1, 2026. The table shows HUD's monthly benchmark for each unit size.
| Unit size | HUD FY2027 FMR |
|---|---|
| Efficiency | $747 |
| 1 bedroom | $804 |
| 2 bedroom | $1,045 |
| 3 bedroom | $1,447 |
| 4 bedroom | $1,747 |
Source: HUD FMR documentation. The FY2027 two-bedroom benchmark of $1,045 sits $36 above Casper's all-unit median gross rent.
The apartment stock in Casper
Casper has 4,851 homes in buildings of five or more units, 17.5% of its 27,746 housing units, per table B25024. That is 97.8% of Natrona County's 4,958 such homes. Wyoming's statewide share is 9.2%.
Larger buildings carry most of that stock. Casper counts 1,039 homes in 5-9 unit buildings and 1,258 in 10-19 unit buildings. Another 1,573 sit in 20-49 unit buildings and 981 in buildings of 50 or more.
Casper's median year built is 1975, and 60.0% of its homes predate 1980, per table B25034. Only 415 homes, 1.5%, were built in 2020 or later. Rental vacancy in Casper was 5.8% over 2020-2024, against 5.0% countywide and 6.0% statewide.
Anyone planning to sell commercial real estate in Casper, WY should expect buyers to price in that age. Casper has adopted the 2021 International Building Code and 2021 International Fire Code, which shape any renovation budget.
Property taxes in Natrona County
Casper's tax district 150 carries a total levy of 72.876 mills for 2026, per Natrona County's mill levy schedule. That total combines 12.000 state school foundation mills, 32.500 School District #1 mills and 12.000 county general fund mills. It adds 6.376 community college, 8.000 municipal, 1.000 weed and pest and 1.000 senior services mills.
Wyoming taxes apartments on a fraction of value. W.S. 39-13-103 sets taxable value at 9.5% of fair market value for all property other than mineral and industrial property. The 25% homeowner exemption in W.S. 39-11-105 is written for a privately owned single family dwelling unit.
Here is the worked example for a $2,000,000 building in Casper. Taxable value is $2,000,000 times 9.5%, or $190,000. At 72.876 mills, the annual tax is $13,846.44, an effective 0.69% of market value.
Bills come in two halves. W.S. 39-13-108 makes half payable on and after November 10 and half on and after May 10. No interest applies if the full tax is paid by December 31, and late balances bear 18% annual interest.
Appeals run on a short clock. W.S. 39-13-109 requires a written statement to the county assessor within 30 days after the assessment schedule is sent. To sell commercial property in Casper, WY, expect the buyer's deed to need a sworn statement of consideration under W.S. 34-1-142. That statement stays confidential, and the assessor may not use one statement alone to revalue a single property.
Landlord rules in Wyoming
Wyoming gives a landlord 30 days after a lease ends to return a deposit with a written itemization, under W.S. 1-21-1208. The deadline becomes 15 days after receiving the renter's new address if that is later. Damage to the unit extends the period by 30 days.
The rental agreement must say whether any part of a deposit is nonrefundable, per W.S. 1-21-1207. Under W.S. 1-21-1209, whoever holds the owner's interest when a lease ends is bound by those deposit rules. Buyers will ask for the deposit ledger when selling commercial property in Casper.
Nonpayment moves quickly. W.S. 1-21-1002 allows a forcible entry and detainer action once rent is three days past due. W.S. 1-21-1003 requires a written notice to quit served at least three days before filing.
What this means for an owner in Casper
Casper pairs a steady rental base with an older stock. Renters hold 30.2% of occupied homes, rental vacancy is 5.8%, and 60.0% of homes predate 1980. Casper's median owner-occupied home value is $260,400, against $309,700 statewide.
Buyers will underwrite taxes and energy jobs first when you sell commercial real estate in Casper, WY. A $2,000,000 building carries about $13,846.44 a year at the 2026 district 150 levy. Natrona County mining jobs averaged a $112,097 wage in 2024.
If you plan to sell your apartment building in Casper, start with our cap rate calculator. It shows how taxes and vacancy move value at your price.
To sell commercial property in Casper, WY, our seller page explains how we underwrite. Skyline Capital Investments buys 5+ unit apartment buildings across Downtown Casper, East Casper, Mills and Evansville.
Good To Know
Selling In Casper
More about selling in Wyoming →Investing in Casper? See apartment syndications in Casper →
- ACS figures are 2020-2024 five-year estimates for Casper, Mills, Evansville, Natrona County and Wyoming. Tables used: Census B25003, B25024, B25034, B25064, B25070, B25077 and DP04.
- The $13,846.44 tax example uses Natrona County's 2026 district 150 levy of 72.876 mills and the 9.5% taxable value ratio in W.S. 39-13-103.
- HUD fair market rents cover the Casper, WY MSA from October 1, 2026. They are program benchmarks, not asking rents for any building.
- Owners who sell multifamily property in Casper should pair these figures with their own rent roll, since ACS rents cover every unit type.
Seller Guides
Your Situation, Handled — Casper
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Taxes & Rules For Casper Property
The Wyoming rules that shape any deal in Casper: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.
Casper Seller FAQ
How do I sell commercial property in Casper, WY?
Start with the rent roll, twelve months of operating statements and the latest Natrona County tax bill. Buyers will compare your rents with HUD's FY2027 two-bedroom fair market rent of $1,045 and Casper's 5.8% rental vacancy. The buyer's deed must carry a sworn statement of consideration under W.S. 34-1-142. Skyline Capital Investments buys 5+ unit apartment buildings across Casper, Mills and Evansville.
How much are property taxes on a Casper apartment building?
Wyoming taxes apartments on 9.5% of fair market value under W.S. 39-13-103. Casper's tax district 150 levies 72.876 mills for 2026, per Natrona County. A $2,000,000 building therefore has a $190,000 taxable value and about $13,846.44 in annual tax. Half is payable on and after November 10 and half on and after May 10, with no interest if paid by December 31.
What do buyers check when I sell commercial real estate in Casper, WY?
They check building age first. Casper's median year built is 1975, and 60.0% of its homes predate 1980, per ACS 2020-2024. They also compare your occupancy with Casper's 5.8% rental vacancy. Deposit records matter too, because W.S. 1-21-1209 binds whoever holds the owner's interest when a lease ends to Wyoming's deposit rules.
How fast can I evict a tenant for unpaid rent in Wyoming?
W.S. 1-21-1002 allows a forcible entry and detainer action once rent is three days past due. Before filing, W.S. 1-21-1003 requires a written notice to quit served at least three days ahead. The summons must then be served three to twelve days before trial under W.S. 1-21-1004. Those steps apply to apartment buildings in Casper as everywhere else in Wyoming.
What should I know before I sell multifamily property in Casper?
Know the stock you compete with. Casper has 4,851 homes in 5+ unit buildings, 97.8% of Natrona County's total, per ACS 2020-2024. Deposit refunds are due within 30 days after a lease ends under W.S. 1-21-1208. Assessment appeals need a written statement to the county assessor within 30 days after the assessment schedule is sent.
Do I need to fix up my Casper building before selling?
No. We price in deferred maintenance, vacancy, and below-market rents ourselves, so you can sell the property as it stands.
How does a sale to you work in Natrona County?
Send the address, unit count, and any financials. We give feedback, then a written letter of intent if it fits, followed by diligence and a closing date that works for you.
Who buys occupied rental property in Casper?
We do. Skyline Capital Investments is a commercial real estate buyer of 5+ unit multifamily, and we buy apartment buildings with tenants in place, including properties with below-market rents.
Do I need a broker to sell my apartment building in Casper?
No. You can work with us directly, or your broker can bring the deal to us. Either way, conversations stay confidential.
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