110 Jefferson Ave - Apartments FOR SALE


Ogden, UT 84404- Hillcrest-Bonneville
$1,799,000 USD
801-922-0662
110 Jefferson Ave, Ogden, UT for Sale
$1,799,000 USD
Apartments - FOR SALE
1/29
null | 6.23% Cap Rate

110 Jefferson Ave
Ogden, UT 84404
Hillcrest-Bonneville


HIGHLIGHTS

  • Late 1990's Townhomes
  • #2 BEST PERFORMING LARGE CITY: OGDEN-CLEARFIELD (Milken Institute, 2025)
  • Turn-key Investment

OVERVIEW

**NO SELLER FINANCING AVAILABLE** Property Overview: • Sixplex Townhome Property Built in 1999 • Spacious Three and Four Bedroom, Two and a Half Bathroom Units • Individual Entrances, Private Patios, and Covered Parking for Each Unit • Well-maintained Property, Turn-key Investment • Great Location: Close to Downtown Ogden, Major Job Centers, Education, and Recreational Opportunities • Steady Rental Income: Fully Leased with Strong Tenant Demand in a High-occupancy Market • Potential to Condominiumize Property and Sell off Units Individually • Management Upside: Owner is an Out-of-State Corporation with a Third-party Manager Utah Opportunity • Less than 10 Minutes from Downtown Ogden • 45 Minutes from Downtown Salt Lake and Salt Lake International Airport • Utah is among the Fastest-Growing State in the Nation Close to Jobs, Shopping, Dining, and Recreation • More than 73,000 Jobs within a 5-mile radius • Minutes from Major Job Centers: Hill Air Force Base, Falcon Hill Aerospace Research Park, Ogden Business Depot, Internal Revenue Service (IRS), McKay Dee Hospital, Weber State University. • 9 Ski-Resorts within 1.5 Hours, 30 minutes to Snowbasin Ski Resort High Growth Market • Ogden's Employment and Wage Growth is among the Nation's Highest • Ogden's Unemployment Rate is among the Lowest in the Nation • 1.4% Rent Growth Year Over Year in Ogden Market while Other Markets are   Experiencing No Rent Growth or Negative Rent Growth

FOR SALE DETAILS

PRICE

$1,799,000 USD

PRICE/SF

$175 USD /SF

# OF UNITS

6

PRICE/UNIT

$299,833

CAP RATE

6.23%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Jefferson Townhomes

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1999

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,731 SF

ZONING

Multi-Family

APN/PARCEL ID

12-029-0066

ASK ABOUT THIS PROPERTY

Andrew WadsworthWadsworth MultifamilyMore Info
801-922-0662

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Andrew WadsworthWadsworth MultifamilyMore Info
801-922-0662

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.