Description
TO BE BUILT. Try to find a new apartment complex anywhere! This 12-unit gem is located 4 minutes from 1-15 access. It offers 6 2bd, 1bth and 6 1bd 1bth units for maximum income. Annual NOI is $135,180. The cap rate is 6.12% on this brand new building. This price includes full landscaping, improvements and construction costs. Multiple income streams above rents in add-on charges. Great investment project! Square footage figures are provided as a courtesy estimate only and were obtained from plans. Buyer is advised to obtain an independent measurement. Numbers and figures are also provided as a courtesy estimate only and buyer is advised to figure information out for themselves.
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18BEDS
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0.42ACRES
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12BATHS
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01/2 BATHS
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9,786SQFT
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$231$/SQFT
School Information
Description
TO BE BUILT. Try to find a new apartment complex anywhere! This 12-unit gem is located 4 minutes from 1-15 access. It offers 6 2bd, 1bth and 6 1bd 1bth units for maximum income. Annual NOI is $135,180. The cap rate is 6.12% on this brand new building. This price includes full landscaping, improvements and construction costs. Multiple income streams above rents in add-on charges. Great investment project! Square footage figures are provided as a courtesy estimate only and were obtained from plans. Buyer is advised to obtain an independent measurement. Numbers and figures are also provided as a courtesy estimate only and buyer is advised to figure information out for themselves.
Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2022-05-20T18:38:59.533. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.