13 unit apartment building with great occupancy history. This is a 9.5% cap rate opportunity based on available information. Information is the best available at the time. As always, it is recommended the Buyer verify all information to their own satisfaction.
.30 acre lot stretches from Washington Blvd to Kiesel Avenue with curb cuts on both streets. Zoned C3 with 1,388 square foot duplex fully-occupied by tenants. No appt necessary - go, knock. All appliances stay with full-priced offer.
20 - 2bdrm, 1bath apartments; two 8-plex & one 4-plex buildings total16,268 SF on .85 acres. Professionally Managed. New roof on all 3 bldgs. 2004. New vinyl windows & siding 2012. Adjacent 8-plex also available in separate LoopNet listing # 18722798.
Mountain View at Riverdale is an 80-unit apartment community on a 2.85-acre site (28.1 units / acre) in Riverdale, Utah, 30 miles north of Salt Lake City. Mountain View at Rivedale residents enjoy a secluded, quiet park-like setting. The property was built in 1973, and features four-story, garden-style buildings. Construction is wood frame with attractive vinyl siding, and roofs are pitched with asphalt shingles. Gas and electricity are individually metered, and water, sewer, and trash are sub-metered. Unit amenities in the spacious apartment homes include central air conditioning, private patios or balconies, dishwashers, in-sink disposals, and cable / satellite / internet access. Site amenities include a large, attractive swimming pool, mature landscaping with lush trees, carports, and easy access to I-84 and I-15.
" 8 Unit Apartment Building " 7,840 SF " .39 Acres " All Units 2 Bed/1 Bath " New Roof " Great Washington Heights Rental Market " Gross Income: $64,800.00 " 10% Vacancy/Management Fee: ($6,480.00) " Expenses: ($9,975.16) " Net Income: $48,344.84 " 7% Cap Rate
Great apartment building. Owner has spent $53,000 on remodel and upgrades. New windows, electrical, roof, carpet, linoleum, tile, sprinkler system, interior and exterior paint,. Sold as is. Owner/Agent. The property has a nonconforming triplex certificate. Make offer subject to inspection. Apartment # 2 is being remodeled and is vacant. Square footage is courtesy estimate, buyer should verify square footage. (DO NOT DISTURB TENANTS UNAWARE OF SALE).
Mirador is a 62 unit multi-family asset located in Ogden, Utah. This 42,600 square foot property was built in 1964. The 62 units are divided between three separate buildings. There are a total of 78 covered and uncovered parking stalls available for tenants. Other community amenities include on-site laundry, heated swimming pool, and easy access for mass transit transportation.