1184 W 4400 S - Apartments FOR SALE


Riverdale, UT 84405
$3,175,000 USD
801-303-5555
1184 W 4400 S, Riverdale, UT for Sale
$3,175,000 USD
Apartments - FOR SALE
1/8
null | Request Cap Rate

1184 W 4400 S
Riverdale, UT 84405


HIGHLIGHTS

  • Clear Value-Add with Embedded NOI Upside
  • Suburban Convenience Infill Location with Strong Connectivity
  • Minutes to Northern Utah’s Core Employment Anchors

OVERVIEW

Cushman & Wakefield, as exclusive advisor, is pleased to present the opportunity to acquire Ancora Apartments (the “Property” or “Ancora”), a 16-unit apartment community located in Riverdale, a vibrant suburb of Ogden, Utah. With access to major employment, premier mountain recreation, revitalized downtown, and relatively affordable rents, Ogden is a highly desirable submarket of the Greater Salt Lake Area. Originally constructed in 1979 on a 0.70-acre site, Ancora offers a suburban lifestyle in an amenity-rich area. Current ownership has modernized select units and exterior elements, enhancing the community while providing future ownership a roadmap to unlock additional value. Ancora combines renovation upside and a strong infill location with access to jobs and amenities, positioning the Property for sustained renter demand and long-term growth.

FOR SALE DETAILS

PRICE

$3,175,000 USD

PRICE/SF

$230 USD /SF

# OF UNITS

16

PRICE/UNIT

$198,438

CAP RATE

Request Cap Rate

% LEASED

94%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ancora Apartments

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1979

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.7 AC

LAND SF

30,492 SF

ZONING

R-2 and R-5

APN/PARCEL ID

08-096-0003

ASK ABOUT THIS PROPERTY

Kip PaulCushman & WakefieldMore Info
801-303-5555

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Kip PaulCushman & WakefieldMore Info
801-303-5555

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