360 N 400 W - Multi-Family FOR SALE


Hyrum, UT 84319
$2,300,000 USD
801-691-6300
360 N 400 W, Hyrum, UT for Sale
$2,300,000 USD
Multi-Family - FOR SALE
1/19

360 N 400 W
Hyrum, UT 84319


OVERVIEW

Incredible investment opportunity in Hyrum! This deal includes three 4-plexes (12 units total) that are currently fully leased, providing immediate income. The property sits on a massive 2.5-acre lot featuring a large horse pasture. HUGE UPSIDE: The lot size meets the criteria for a Planned Unit Development (PUD), giving the new owner the potential to build additional units and maximize the investment. 12 Units (3 Buildings) Fully Leased 2.5 Acres Zoning/Land Use: Meets PUD minimums for expansion. Perfect for the investor looking for stability today and growth tomorrow. Buyer to verify all development potential with Hyrum City. Financials available upon request.

FOR SALE DETAILS

PRICE

$2,300,000 USD

# OF UNITS

12

PRICE/UNIT

$191,667

CAP RATE

5.32%

% LEASED

93%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hyrum 12 Unit Apartment Complex

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1993

PARKING SPACES

22

LAND DETAILS

LAND ACRES

2.5 AC

LAND SF

108,900 SF

ZONING

R-2

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Nate WorthenProfessional Real Estate ServicesMore Info
801-691-6300

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Nate WorthenProfessional Real Estate ServicesMore Info
801-691-6300

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