Laramie Multifamily Buyer
Sell Your Commercial Property In Laramie, WY
Skyline Capital Investments buys commercial apartment buildings of 5+ units in Laramie and across Albany County — listed or off-market, stabilized or value-add. Get clear feedback on your deal, typically within 48 hours.
- 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: West Laramie · Downtown Laramie · University District · East Laramie — Albany County, WY
Why Laramie
Why We Buy Multifamily In Laramie
Laramie's rental market runs on the University of Wyoming, a renter majority and very little new construction since 2020. The Census Bureau's 2020-2024 American Community Survey counted 32,234 residents in Laramie. It also counted 8,126 renter households, 55.9% of occupied homes, and 3,727 homes in buildings of five or more units. Median household income in Laramie was $55,613, against $76,176 statewide.
Owners who want to sell commercial property in Laramie, WY will see buyers start with a few numbers. Rental vacancy is 4.0%, and median gross rent is $925. HUD's FY2027 two-bedroom fair market rent for Albany County is $999. Taxes run 73.000 mills on 9.5% of market value.
This profile covers each figure, Laramie's rental registration code, Wyoming landlord statutes and a worked Albany County tax example on a $2,000,000 building. Every number links to the Census Bureau, HUD, the Wyoming Legislature, Albany County, the City of Laramie or federal college data.
University of Wyoming
UW enrolled 10,813 students in fall 2024, including 8,130 undergraduates and 2,683 graduate students, per NCES College Navigator. Graduate students made up 24.8% of that total.Student and faculty demand
UW reported 1,014 full-time faculty and 911 graduate assistants in fall 2024, per IPEDS. Renters hold 55.9% of Laramie's occupied homes, against 28.2% statewide, per ACS 2020-2024.Limited new supply
Only 210 Laramie homes, 1.4% of the stock, were built in 2020 or later, per ACS 2020-2024. Rental vacancy was 4.0%, below Wyoming's 6.0%, per Census profile DP04.Our Buy Box
What We Buy In Laramie
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
Laramie Apartment Market
Figures gathered October 2026 from public market data.
Who rents in Laramie
Laramie has 8,126 renter households, 55.9% of its 14,527 occupied homes, per ACS 2020-2024 table B25003. Albany County's renter share is 50.0%, and Wyoming's is 28.2%. Laramie holds 95.2% of Albany County's 8,537 renter households.
The University of Wyoming anchors that tenant base. UW enrolled 10,813 students in fall 2024, per NCES College Navigator. That total included 8,130 undergraduates and 2,683 graduate students. UW also reported 1,014 full-time faculty and 911 graduate assistants that fall.
Incomes in Laramie run below the state norm. Median household income in Laramie was $55,613 in ACS 2020-2024. That is 73.0% of Wyoming's $76,176.
Rents and affordability in Laramie
Median gross rent in Laramie was $925 a month in ACS 2020-2024. Albany County's median was $931, and Wyoming's was $992. A year of median rent, $11,100, equals 20.0% of Laramie's median household income.
Rent burden runs high in a college town. In Laramie, 48.7% of renter households pay 30% or more of income on housing, per table B25070. That includes 29.6% who pay half or more, against 18.3% statewide.
HUD's FY2027 fair market rents for Albany County, WY took effect October 1, 2026. HUD lists Albany County as its own FMR area, and the table shows each monthly benchmark.
| Unit size | HUD FY2027 FMR |
|---|---|
| Efficiency | $730 |
| 1 bedroom | $806 |
| 2 bedroom | $999 |
| 3 bedroom | $1,383 |
| 4 bedroom | $1,670 |
Source: HUD FMR documentation. The FY2027 two-bedroom benchmark of $999 sits $74 above Laramie's all-unit median gross rent.
The apartment stock in Laramie
Laramie has 3,727 homes in buildings of five or more units, 24.1% of its 15,490 housing units, per table B25024. That is 99.4% of Albany County's 3,749 such homes. Wyoming's statewide share is 9.2%.
Mid-size buildings dominate. Laramie counts 1,435 homes in 5-9 unit buildings and 1,421 in 10-19 unit buildings. Only 550 sit in 20-49 unit buildings and 321 in buildings of 50 or more.
Laramie has added little new housing. Only 210 homes, 1.4% of the stock, were built in 2020 or later, per table B25034. Laramie's median year built is 1977, and 55.6% of its homes predate 1980.
That tight supply shows in occupancy. Rental vacancy in Laramie was 4.0% over 2020-2024, per ACS profile DP04. Albany County's rate was 3.8%, and Wyoming's was 6.0%.
Anyone planning to sell commercial real estate in Laramie, WY should expect buyers to weigh both facts. Low vacancy supports rents, while older buildings carry capital needs.
Property taxes in Albany County
Laramie's tax district 150 carries a total levy of 73.000 mills for 2026, per the Albany County Assessor's 2026 levy schedule. School levies total 48.00 mills, including 25.00 for School District #1. The rest is 12.000 county general, 8.00 city, 3.00 hospital district, 1.00 weed and pest and 1.00 conservation mills.
Downtown Laramie's Downtown Development District, tax district 152, also totals 73.000 mills. District 150 carried $367,482,137 of 2026 taxable value and $26,826,196.00 in taxes.
Wyoming taxes apartments on a fraction of value. W.S. 39-13-103 sets taxable value at 9.5% of fair market value for property other than minerals and industrial property.
Here is the worked example for a $2,000,000 building in Laramie. Taxable value is $2,000,000 times 9.5%, or $190,000. At 73.000 mills, the annual tax is $13,870.00, an effective 0.69% of market value.
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. W.S. 39-13-109 gives owners 30 days after the assessment schedule is sent to file an appeal statement.
To sell commercial property in Laramie, WY, plan for the buyer's sworn statement of consideration under W.S. 34-1-142. No deed can be recorded until the county clerk receives that statement.
Landlord rules in Laramie
Laramie requires rental registration under Laramie Municipal Code chapter 8.80, adopted by Enrolled Ordinance No. 1802 on January 4, 2022. Resolution 2025-89 sets the fee at $40 per dwelling unit for two years. Habitability enforcement and complaint resolution began January 1, 2023.
A tenant must notify the owner in writing at least ten days before filing a complaint under chapter 8.80. Complaints may not be submitted anonymously.
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. Buyers will ask for registration records and the deposit ledger when selling commercial property in Laramie.
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 Laramie
Laramie pairs a renter majority with tight supply. Renters hold 55.9% of occupied homes, and rental vacancy is 4.0%. Laramie's median owner-occupied home value is $319,500, against $309,700 statewide.
Buyers will underwrite the academic calendar and taxes first when you sell commercial real estate in Laramie, WY. A $2,000,000 building carries $13,870.00 a year at the 2026 district 150 levy. Registration under chapter 8.80 adds $40 per unit every two years.
If you plan to sell your apartment building in Laramie, start with our cap rate calculator. It shows how taxes and vacancy move value at your price.
To sell commercial property in Laramie, WY, our seller page explains how we underwrite. Skyline Capital Investments buys 5+ unit apartment buildings in West Laramie, Downtown Laramie, the University District and East Laramie.
Good To Know
What Shapes A Laramie Offer
More about selling in Wyoming →Investing in Laramie? See apartment syndications in Laramie →
- ACS figures are 2020-2024 five-year estimates for Laramie, Albany County and Wyoming. Tables used: Census B01003, B19013, B25003, B25024, B25034, B25064, B25070, B25077 and DP04.
- The $13,870.00 tax example uses the 2026 Albany County levy of 73.000 mills for tax district 150 and the 9.5% ratio in W.S. 39-13-103.
- HUD fair market rents cover Albany County, WY from October 1, 2026. They are program benchmarks, not asking rents for any Laramie building.
- Owners who sell multifamily property in Laramie should pair these figures with their own rent roll and lease calendar, since ACS rents cover every unit type.
Seller Guides
Laramie Seller Situations
Learn More
Taxes & Rules For Laramie Property
The Wyoming rules that shape any deal in Laramie: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.
Laramie Seller FAQ
How do I sell commercial property in Laramie, WY?
Start with the rent roll, twelve months of operating statements, the latest Albany County tax bill and your city rental registrations. Buyers will compare rents with HUD's FY2027 two-bedroom fair market rent of $999 and Laramie's 4.0% 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 Laramie.
How much are property taxes on a Laramie apartment building?
Wyoming taxes apartments on 9.5% of fair market value under W.S. 39-13-103. Laramie's tax district 150 levies 73.000 mills for 2026, per the Albany County Assessor. A $2,000,000 building therefore has a $190,000 taxable value and $13,870.00 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 Laramie, WY?
They check building age and registration first. Laramie's median year built is 1977, and 55.6% of its homes predate 1980, per ACS 2020-2024. They also confirm each unit is registered under Laramie Municipal Code chapter 8.80. Deposit records matter too, since W.S. 1-21-1209 binds whoever holds the owner's interest when a lease ends to Wyoming's deposit rules.
Does Laramie require landlords to register rental units?
Yes. Laramie Municipal Code chapter 8.80 requires registration of rental housing and sets minimum habitability standards. Enrolled Ordinance No. 1802 was approved January 4, 2022, and registration began June 30, 2022. Resolution 2025-89 sets the fee at $40 per dwelling unit for two years. Tenants must notify owners in writing at least ten days before filing a habitability complaint.
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. Buyers review any open cases closely when selling commercial property in Laramie.
Do I need to fix up my Laramie building before selling?
No. We price in deferred maintenance, vacancy, and below-market rents ourselves, so you can sell the property as it stands.
Can I sell my Laramie apartment building off-market?
Yes. We work directly with owners and through listing agents. Off-market conversations are confidential, and we coordinate tours so tenants and staff are not disrupted.
Is it possible to sell rental property in Laramie without evicting tenants?
It is. We buy apartment buildings occupied, and tenants stay on their current leases. Skyline Capital Investments is a commercial real estate buyer of 5+ unit buildings, so occupied properties are the norm for us.
Do I need a broker to sell my apartment building in Laramie?
No. You can work with us directly, or your broker can bring the deal to us. Either way, conversations stay confidential.
Submit A Deal
Have A Property In Laramie?
A few details are enough to start. We respond to every Laramie submission, including off-market and pocket listings.
