• Broker Vicente Cantua 8013035402

560 21st St 7 Unit Apartment Building $1,510,918 CAD ($215,845 CAD/Unit) 7.87% Cap Rate Ogden, UT 84401

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INVESTMENT HIGHLIGHTS

  • Multiple value-add opportunities
  • Ample land provides a low-density, open feel
  • Opportunity to push rents to market levels
  • Extensive recent capital improvements
  • Additional potential for auxiliary income through storage units and utility reimbursement

EXECUTIVE SUMMARY

This exceptional investment opportunity presents the chance to acquire a property of 2 multifamily properties totaling 7 units, situated in the highly sought-after Ogden area constructed in 1936, respectively. These buildings are located in a prime central Ogden location, providing convenient access to essential amenities and local attractions.

ATTACHMENTS

21StreetOM

PROPERTY FACTS

Price $1,510,918 CAD
Price Per Unit $215,845 CAD
Sale Type Investment
Cap Rate 7.87%
No. Units 7
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.60 AC
Building Size 7,483 SF
No. Stories 2
Year Built 1936
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 6 - 700
4+2 1 - 1,800

LINKS

Walk Score®
Very Walkable (73)

ZONING

Zoning Code R3 (R3 Zoning)

MAP

ADDITIONAL PHOTOS

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