3476 Brinker Ave - Apartments FOR SALE


Ogden, UT 84403- TO Smith
$1,750,000 USD
208-989-8126
3476 Brinker Ave, Ogden, UT for Sale
$1,750,000 USD
Apartments - FOR SALE
1/16
null | 5.06% Cap Rate

3476 Brinker Ave
Ogden, UT 84403
TO Smith


HIGHLIGHTS

  • Positioned Near Weber State University and Ogden's Healthcare Corridor
  • Deep, Insulated Student-Renter Demand Base
  • Meaningful Recent Capital Investment and Updated Amenities
  • Substantial Loss-To-Lease Upside
  • Clear Path to Rent Growth Through Targeted Unit Upgrades

OVERVIEW

MMG Real Estate Advisors is pleased to present the opportunity to acquire Brinker Apartments, a 10-unit multifamily community on the southern end of Ogden, Utah. The property sits minutes from Weber State University and Ogden's primary healthcare corridor, placing it at the center of one of Ogden's most consistent demand drivers. The surrounding submarket skews toward student renters, carrying the youngest median age on the Ogden side of the city and resident mobility roughly 20% above the citywide average. Current ownership has invested in a range of capital improvements across the property while prioritizing occupancy over pushing rents, leaving in-place rents well below what the market supports. The opportunity ahead is straightforward: targeted interior upgrades and in-unit washer-dryer and AC additions position a buyer to capture meaningful rent growth in a location that already does the heavy lifting.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$228 USD /SF

# OF UNITS

10

PRICE/UNIT

$175,000

CAP RATE

5.06%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Brinker Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1966

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.45 AC

LAND SF

19,520 SF

ZONING

-

APN/PARCEL ID

05-043-0022

ASK ABOUT THIS PROPERTY

208-989-8126

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208-989-8126

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