Description
PRICE REDUCED $200,000! DO NOT DISTURB TENANTS! Previous Buyer financing fell through. Fabulous Investment Opportunity In The Marmalade District! This 12 Unit Complex Offers 11 One Bedroom, One Bathroom Units W/Laundry Hook-Ups & 1 Studio. Note- 9/12 units have laundry. New roof with warranty installed 2018, 2 new 100 gallon water heaters. Price Per Unit Is $200,000. Rents Are Currently Under Market. Information Provided Is Based On Proforma With A CAP Rate Of 4.3% Underwritten At 35%. Subject To 1031 Exchange. See Attached Documents For More Info. Reach out for potential assumable loan at 4.3%!! Buyer To Verify All Information* MAKE OFFERS SUBJECT TO INSPECTION
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11BEDS
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0.16ACRES
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12BATHS
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01/2 BATHS
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6,889SQFT
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$319$/SQFT
School Information
Description
PRICE REDUCED $200,000! DO NOT DISTURB TENANTS! Previous Buyer financing fell through. Fabulous Investment Opportunity In The Marmalade District! This 12 Unit Complex Offers 11 One Bedroom, One Bathroom Units W/Laundry Hook-Ups & 1 Studio. Note- 9/12 units have laundry. New roof with warranty installed 2018, 2 new 100 gallon water heaters. Price Per Unit Is $200,000. Rents Are Currently Under Market. Information Provided Is Based On Proforma With A CAP Rate Of 4.3% Underwritten At 35%. Subject To 1031 Exchange. See Attached Documents For More Info. Reach out for potential assumable loan at 4.3%!! Buyer To Verify All Information* MAKE OFFERS SUBJECT TO INSPECTION
Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2023-06-07T08:38:49.177. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.