801-736-2654
1680 E 300 S, Price, UT for Sale
Apartments - FOR SALE
1/23
null | Request Cap Rate

1680 E 300 S
Price, UT 84501


HIGHLIGHTS

  • Rent Growth Potential: Opportunity to increase rents to max allowable limits under the LURA, unlocking immediate upside
  • Large Floorplans: Units average 1,097 SF, offering significantly more livable space than comparables and driving tenant retention
  • Economic Growth & Rentership Demand: Carbon County’s GDP reached $1.238?billion in 2023, while limited new housing supply stokes rent growth

OVERVIEW

Marcus & Millichap is pleased to announce the exclusive listing of Mountain Village, a well-located LIHTC multifamily asset in the growing community of Price, Utah. Properties of this size rarely come to market in the area, offering a unique opportunity in a supply-constrained submarket with strong renter demand. The asset features spacious units and a central location near key retail corridors, providing long-term appeal for workforce tenants. Recent management improvements have enhanced operations, with further upside still to be realized. Supported by steady population growth, limited new housing construction, and ongoing commercial development in the region, Mountain Village is well-positioned to benefit from continued demand for quality, affordably priced rental housing.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

48

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mountain Village Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2001

PARKING SPACES

108

LAND DETAILS

LAND ACRES

3.75 AC

LAND SF

163,350 SF

ZONING

R2

APN/PARCEL ID

01-2534-0000

ASK ABOUT THIS PROPERTY

Jacob MilesMarcus & MillichapMore Info
801-736-2654

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Jacob MilesMarcus & MillichapMore Info
801-736-2654

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