154 N 100 W - Apartments FOR SALE


American Fork, UT 84003
$1,090,000 USD
801-369-5500
154 N 100 W, American Fork, UT for Sale
$1,090,000 USD
Apartments - FOR SALE
1/47
null | Request Cap Rate

154 N 100 W
American Fork, UT 84003


HIGHLIGHTS

  • Commercial/ Industrial warehouse with 0.50 acre of parking.
  • Use as a 4-Unit Income Property or occupy part for your business.
  • Room for expansion.
  • Plenty of parking.

OVERVIEW

4 unit property for sale consisting of 3 residential units and one commercial unit. The main draw to this property is the 1,500 sq ft metal warehouse with a half acre of gravel parking. The warehouse was completed at the end of 2022 with thick 6" sealed concrete slab and extra tall 14' roll-up garage door. There is no current electrical or plumbing for the warehouse, but a 2" conduit was buried the entire 250' distance from the cottage to the warehouse, making it easy to add electrical at any time and easily increase income! Seller had previously rented parking on the lot, but has left the lot open for new owners' flexible use. If electrical were also added to the warehouse, rent could be further increased. Also a possibility of adding an additional warehouse. In addition to the industrial warehouse in the back, this unique 4-unit property includes an Up/Down duplex in the front, and detached cottage behind. Lots of parking space. The triplex has 100% occupancy for 10+ years. Ideal location close to shopping and freeway access. Updated units. Please see attached flyer for more information. 24 Hour notice for showings required. Square footage figures are provided as a courtesy estimate only. Buyer is advised to obtain an independent measurement. Agent related to seller. 24 hour notice for showings required. *The GBA includes the warehouse sq footage.

FOR SALE DETAILS

PRICE

$1,090,000 USD

PRICE/SF

$238 USD /SF

# OF UNITS

3

PRICE/UNIT

$363,333

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

American Fork UT Warehouse + tri-plex

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1946

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.63 AC

LAND SF

27,443 SF

ZONING

MU

APN/PARCEL ID

02-037-0019

ASK ABOUT THIS PROPERTY

Scott OldroydEquity Real EstateMore Info
801-369-5500

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Scott OldroydEquity Real EstateMore Info
801-369-5500

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