3025-3027 S Adams Ave - Apartments FOR SALE


Ogden, UT 84403- TO Smith
$1,595,000 USD
801-736-2634
3025-3027 S Adams Ave, Ogden, UT for Sale
$1,595,000 USD
Apartments - FOR SALE
1/41
null | 5.12% Cap Rate

3025-3027 S Adams Ave
Ogden, UT 84403
TO Smith


HIGHLIGHTS

  • Stabilized 10-Unit Asset
  • Desirable Unit Mix
  • Charming Historic Architecture
  • Competitive Price Per Unit

OVERVIEW

Located in the heart of Ogden, 3027 Adams Avenue is a fully leased 10-unit Victorian-style property generating $9,300/ month in gross rent. Priced at $1,595,000, the asset offers a 5.6% in-place cap rate and features a mix of 6 studios, 2 one-bedrooms, and 2 two-bedrooms. Situated on a 0.40-acre lot with off-street parking, the property is within walking distance of downtown, transit, and Weber State University. With stable income, room for rent growth, and utility bill-back potential, this is a turn-key investment with upside in a growing market.

FOR SALE DETAILS

PRICE

$1,595,000 USD

PRICE/SF

$423 USD /SF

# OF UNITS

10

PRICE/UNIT

$159,500

CAP RATE

5.12%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1896

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

-

APN/PARCEL ID

04-026-0020

ASK ABOUT THIS PROPERTY

Kris MortensenMountain West CommercialMore Info
801-736-2634

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Kris MortensenMountain West CommercialMore Info
801-736-2634

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