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Sawmill Condos 1378 S Sawmill Blvd

10 Unit Apartment Building $6,967,800 CAD ($696,780 CAD/Unit) 5% Cap Rate Heber City, UT 84032

Investment Highlights

  • Units feature Island kitchens with range.
  • Single-car garage parking.

Executive Summary

5.2 million is for investors only. Units are professionally managed by Passaro Leasing Company. The HOA will be $2,250 for the building. It breaks down to $225 per unit. The HOA covers TV, internet, snow removal and ground maintenance. Each unit has one detached garage. See attached Proforma. Fully lease space!

Property Facts

Price $6,967,800 CAD
Price Per Unit $696,780 CAD
Sale Type Investment
Cap Rate 5%
No. Units 10
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class B
Lot Size 0.30 AC
Building Size 14,060 SF
Average Occupancy 100%
No. Stories 3
Year Built 2023
Parking Ratio 1.42/1,000 SF

Unit Amenities

  • Microwave
  • Stainless Steel Appliances
  • Range
  • Island Kitchen

Site Amenities

  • Clubhouse
  • Pool
  • Basketball Court

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+2 10 - 1,406

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 00-0021-5533
  • 00-0021-5535
  • 00-0021-5537
  • 00-0021-5541
  • 00-0021-5536
  • 00-0021-5540
  • 00-0021-5534
  • 00-0021-5539
  • 00-0021-5538
  • 00-0021-5542
Land Assessment
$702,340 CAD
Improvements Assessment
$0 CAD
Total Assessment
$702,340 CAD

zoning

Zoning Code MF (Multi-Family Zoning)
MF (Multi-Family Zoning)
  • Listing ID: 27223493

  • Date on Market: 2022-12-01

  • Last Updated:

  • Address: 1378 S Sawmill Blvd, Heber City, UT 84032

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