260 W 1700 S - Apartments FOR SALE


Clearfield, UT 84015
$3,600,000 USD
801-747-9502
260 W 1700 S, Clearfield, UT for Sale
$3,600,000 USD
Apartments - FOR SALE
1/13
null | 6.19% Cap Rate

260 W 1700 S
Clearfield, UT 84015


OVERVIEW

Presenting Garden Apartments & Storage, a unique investment opportunity in the heart of fast-growing Clearfield, UT. Spanning 1.88 acres, this property combines 27 residential units with 45 separately rented storage units, creating multiple income streams. The apartments feature a balanced unit mix that appeals to a wide range of tenants, while the property's close proximity to Hill Air Force Base ensures consistent rental demand. This asset offers investors a well-performing, stable addition to their portfolio with long-term upside in a thriving market.

FOR SALE DETAILS

PRICE

$3,600,000 USD

PRICE/SF

$199 USD /SF

# OF UNITS

27

PRICE/UNIT

$133,333

CAP RATE

6.19%

% LEASED

96%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Garden Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1945

PARKING SPACES

27

LAND DETAILS

LAND ACRES

1.88 AC

LAND SF

81,980 SF

ZONING

R-2

APN/PARCEL ID

12-065-0156

ASK ABOUT THIS PROPERTY

Porter CriddleInvestment Realty AdvisorsMore Info
801-747-9502

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Porter CriddleInvestment Realty AdvisorsMore Info
801-747-9502

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