302 40th St - Apartments FOR SALE


Ogden, UT 84405- South Ogden
$1,348,000 USD
801-499-7424
302 40th St, Ogden, UT for Sale
$1,348,000 USD
Apartments - FOR SALE
1/38
null | 5.42% Cap Rate

302 40th St
Ogden, UT 84405
South Ogden


OVERVIEW

Meet the "Brooks on 40th". An architectural wonder in the heart of Ogden. This almost brand new 4-plex sits tucked below the mountains with incredible views and nearby amenities demanding top dollar rents. From quartz countertops, high-end cabinets, LVP, 13 ft high ceilings, and so many more amenities; this property will serve as an incredible addition to any investors portfolio. This property was a ground up construction project. Location is absolutely prime being less than 5 minutes away from Weber State University, McKay-Dee Hospital, and heavy commercial. P/L + Rent roll statement attached with listing. This property has been owner operated since it's completion in 2021. Property when fully occupied brings in almost $7,500/mo in gross rent!! Tenants pay all utilities. Square footage figures are provided as a courtesy estimate only and were obtained from original appraisal. Buyer is advised to obtain an independent measurement.

FOR SALE DETAILS

PRICE

$1,348,000 USD

PRICE/SF

$193 USD /SF

# OF UNITS

4

PRICE/UNIT

$337,000

CAP RATE

5.42%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

4-plex in South Ogden | The Brooks on 40th

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2021

PARKING SPACES

8

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

MF

APN/PARCEL ID

05-138-0004

ASK ABOUT THIS PROPERTY

Austin SeegmillerKairos Real EstateMore Info
801-499-7424

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Austin SeegmillerKairos Real EstateMore Info
801-499-7424

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