711 350 E - Apartments FOR SALE


Ogden, UT 84404- Lynn
$12,420,000 USD
801-383-3662
711 350 E, Ogden, UT for Sale
$12,420,000 USD
Apartments - FOR SALE
1/7
null | 5% Cap Rate

711 350 E
Ogden, UT 84404
Lynn


HIGHLIGHTS

  • Brand new units
  • Clean, modern feel inside and out
  • Central location in Ogden, UT

OVERVIEW

Brand new townhome community in the heart of Ogden, Utah. Four front load units and 31 rear load units. Each unit is 3 bedrooms, 2.5 bathrooms, and approximately 1550SF, plus an attached 2 car garage. The units are individually platted, so may be sold as individual units in the future or held as a rental investment long-term. Nine of the 36 units are complete now and ready to rent with the remainder slated for delivery between now and August 2026. Rents in the area are $1700-$2000 per month for a townhome. At this bulk price the units are $345,000 each, which is an excellent price for Ogden. We have a relationship with a property management company (Celle Asset Management) that can manage the project for you for 6-7.5% of rents or you are welcome to find your own management company. The new units have a builder warranty and are upgraded with floor to ceiling cabinetry, quartz counters, etc. Buyer may purchase buildings as they are complete, or in a few partial closings as needed.

FOR SALE DETAILS

PRICE

$12,420,000 USD

PRICE/SF

$223 USD /SF

# OF UNITS

36

PRICE/UNIT

$345,000

CAP RATE

5%

% LEASED

-

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ogden Towns

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2026

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.41 AC

LAND SF

148,370 SF

ZONING

-

APN/PARCEL ID

12-302-0001,12-302-0002,12-302-0003,12-302-0004,12-302-0005,12-302-0006,12-302-0007,12-302-0008,12-302-0009,12-302-0010,12-302-0011,12-302-0012,12-302-0013,12-302-0016,12-302-0017,12-302-0018,12-302-0019,12-302-0021,12-302-0022,12-302-0023,12-302-0024,12-302-0025,12-302-0026,12-302-0028,12-302-0029,12-302-0030,12-302-0031,12-302-0032,12-302-0033,12-302-0034,12-302-0035,12-302-0036,12-302-0037

ASK ABOUT THIS PROPERTY

Morgan CoxJ. Thomas HomesMore Info
801-383-3662

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Morgan CoxJ. Thomas HomesMore Info
801-383-3662

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