Description
Outstanding Development/Investment Opportunity with ZONING APPROVED! The Seller will deliver at closing a 22.93 Acre open RV & Boat Storage Development Opportunity with development concept plans, vendors & resources contact information, and a seasoned veteran storage builder. A Buyer can be operational 120 days from closing. This storage facility will have the ability to run virtually, fully automated and operational from a distance. This location in the heart of Utah's outdoor recreation capital. There are an incredible amount of RV and ATV enthusiasts in the area with new residential developments not allowing people to park their ATVs, Boats, and RVs at their homes. Power is available on property but not stubbed. This location is conveniently located close to lots of housing and enroute to recreation destinations. The Seller is in the process of securing the appropriate County manufacturing zoning. Basic plat, plan concept, are available in attachments/photos. Proforma and additional information available with a signed non-disclosure. Projected gross annual income should be $1,113,660 with annual expenses projected at $200,400. Projected to be a 7.1% Cap Rate
-
0BEDS
-
22.93ACRES
-
0BATHS
-
01/2 BATHS
School Information
Description
Outstanding Development/Investment Opportunity with ZONING APPROVED! The Seller will deliver at closing a 22.93 Acre open RV & Boat Storage Development Opportunity with development concept plans, vendors & resources contact information, and a seasoned veteran storage builder. A Buyer can be operational 120 days from closing. This storage facility will have the ability to run virtually, fully automated and operational from a distance. This location in the heart of Utah's outdoor recreation capital. There are an incredible amount of RV and ATV enthusiasts in the area with new residential developments not allowing people to park their ATVs, Boats, and RVs at their homes. Power is available on property but not stubbed. This location is conveniently located close to lots of housing and enroute to recreation destinations. The Seller is in the process of securing the appropriate County manufacturing zoning. Basic plat, plan concept, are available in attachments/photos. Proforma and additional information available with a signed non-disclosure. Projected gross annual income should be $1,113,660 with annual expenses projected at $200,400. Projected to be a 7.1% Cap Rate
Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2023-02-08T23:37:59.457. 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.