656 W 700 S - Apartments FOR SALE


Tremonton, UT 84337
$4,100,000 USD
801-628-9178
656 W 700 S, Tremonton, UT for Sale
$4,100,000 USD
Apartments - FOR SALE
1/3
null | 4.96% Cap Rate

656 W 700 S
Tremonton, UT 84337


HIGHLIGHTS

  • 5% Cap Rate on Existing NOI
  • 16, 2 story townhomes, 2Xbeds/1Xbath with fully remodeled double carports
  • 2024-2025 nine units were gutted and remodeled with new flooring, new paint and appliances
  • Resurfaced parking in 2025
  • Assumable FHA loan, 3.8% interest expires 2035

OVERVIEW

Meadow Park Townhomes Located in Tremonton, Utah, the Meadow Park Townhomes community has had long-term occupants, many for 5 to 10 years Adjacent to a city park with playgrounds and soccer fields, Basketball courts within a few steps 16, 2 story townhomes, 2Xbeds/1Xbath with fully remodeled double carports Washer and dryer hookup on the main floor 2024-2025 nine units were gutted and remodeled with new flooring, new paint and appliances Resurfaced parking in 2025 Tenants pay gas and power in separate meters Assumable FHA loan, 3.8% interest expires 2035

FOR SALE DETAILS

PRICE

$4,100,000 USD

PRICE/SF

$137 USD /SF

# OF UNITS

16

PRICE/UNIT

$256,250

CAP RATE

4.96%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1970

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.49 AC

LAND SF

21,526 SF

ZONING

-

APN/PARCEL ID

05-136-0164,05-136-0165,05-136-0166,05-136-0167,05-136-0168,05-136-0169,05-136-0170,05-136-0171,05-136-0172,05-136-0173,05-136-0174,05-136-0175,05-136-0176,05-136-0177,05-136-0178,05-136-0179

ASK ABOUT THIS PROPERTY

Chet BarberNewmark Mountain WestMore Info
801-628-9178

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Chet BarberNewmark Mountain WestMore Info
801-628-9178

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