Summit at Layton Apartments is a 43-unit townhome-style property located in Layton, Utah with one of the most private and expansive settings in the market.? This rare opportunity offers the perfect mix of desirable location, setting, property age, unit size, a proven renovation strategy, preferential loan pricing, and significant remaining value-add potential for a new owner.? The offering includes 38 of the 43 units completely renovated.? There is nothing like Summit at Layton in this quality submarket: ?Rare low-density setting with 42 large 3-bed units and 1 large 2-bed unit ?Unmatched privacy with expansive setbacks, large mature trees, open green space, and front & backyard open grass areas to create a true sanctuary feeling ?Clear value-add strategy for new owner by completing proven unit renovation plan.? 38 of 43 units newly renovated with substantial rent increases.? ?1997 quality construction with recent improvements and straightforward opportunities to further increase value ?Direct access to I-15 and UTA FrontRunner ?Best-in-submarket walkability.? Adjacent to the best grocery and restaurant options in the submarket.? ?*Preferential Loan Pricing: The property does not have any rent restrictions, but all units are currently at or below 80% AMI based on naturally occurring affordability, qualifying for improved loan pricing The 8-building property is in the heart of Layton, near one of Weber State University’s local campuses, plenty of restaurants and grocery, employment opportunities, and outdoor activities, and is only 2 minutes from the Layton UTA FrontRunner station.? With the property so near public transit, residents can easily commute south to downtown Salt Lake City or north to Ogden.? The site is surrounded by the most populated city in the county with very strong renter demographics.? *Contact our team for more information on mission-based loan options with preferential pricing.? Our local Northmarq Debt + Equity team have underwritten Summit at Layton and have strong options to discuss.?