260 W 1700 S - Apartments FOR SALE


Clearfield, UT 84015
$4,000,000 USD
801-747-9502
260 W 1700 S, Clearfield, UT for Sale
$4,000,000 USD
Apartments - FOR SALE
1/19
null | 6.64% Cap Rate

260 W 1700 S
Clearfield, UT 84015


OVERVIEW

Introducing Garden Apartments and Storage in rapidly growing Clearfield UT. This mixed use property is situated on 1.88 acres and features 27 apartment units as well as 45 storage units that are rented separately for additional income. With a diverse unit mix, and the close proximity to the Hill Airforce Base this property is easy to rent. 6.5%+ CAP Rate Potential (Broker Proforma), this property is well positioned for any investor looking to add a stable property to their portfolio.

FOR SALE DETAILS

PRICE

$4,000,000 USD

PRICE/SF

$221 USD /SF

# OF UNITS

27

PRICE/UNIT

$148,148

CAP RATE

6.64%

% LEASED

96%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Garden Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1945

PARKING SPACES

27

LAND DETAILS

LAND ACRES

1.88 AC

LAND SF

81,980 SF

ZONING

R-2

APN/PARCEL ID

12-065-0156

ASK ABOUT THIS PROPERTY

Porter CriddleInvestment Realty AdvisorsMore Info
801-747-9502

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Porter CriddleInvestment Realty AdvisorsMore Info
801-747-9502

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