$2,500,000 USD
801-303-5402
1117 Country Hills Dr
Ogden, UT 84403
Southeast Ogden
HIGHLIGHTS
- Stabilized 9-Unit Income Base with Immediate Value-Add Rent Upside
- Approved by-right expansion to 18 units with no third-party cooperation required
- Full entitled pathway to 23 units with completed architectural and engineering drawings
- SELLER FINANCING at 5% fixed for 11 years & only 8% down to close
- Rent upside available through exterior improvements without waiting on expansion - Infrastructure already upgraded to support new construction, reduci
- Adjacent to Intermountain McKay-Dee Hospital, one of Utah's top-ranked regional employers
FOR SALE DETAILS
PRICE
$2,500,000 USD
PRICE/SF
$265 USD /SF
# OF UNITS
9
PRICE/UNIT
$277,778
CAP RATE
4.68%
% LEASED
100%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Country Hills Apartments
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
2022
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.75 AC
LAND SF
32,626 SF
ZONING
R-4
APN/PARCEL ID
06-081-0021
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
801-303-5402
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
801-303-5402
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
