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    690 E 12200 S

    Draper, UT 84020
    • $1,119,050
    • STATUS: Active
    • ON SITE: 95 days
    • ID#: 1667114
    $1,119,050
    • 16
      BEDS
    • 0.96
      ACRES
    • 11
      BATHS
    • 0
      1/2 BATHS
    • 11,000
      SQFT
    • $102
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2020
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    Incredibly rare Draper multi-family, mixed-use development; investment/partnership/1031 opportunity! City-approved, 11-unit apartment building (five-2BR units, six-1BR units), with a management office that can be rented as an office space or, with city approval, could serve as an additional rental unit. Plus, a separate 7,000 sq. ft. commercial building approved on the highly desirable corner of 12200 S. 700 E. in Draper's core business district. Drawings for apartments complete, site plan approved, building permit approval imminent. Owner/agent intended to develop for personal portfolio. Considering multiple purchase/partnership options. 1: Purchase entire project; $1,119,050. 2: Purchase and develop commercial corner separately, $699,300. 3: Purchase and develop approved residential portion of project, $624,750. 4: Purchase 49% ownership of entire project, develop as a partnership for $597,335. Details of all purchase/partnership, commission options negotiable.

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    Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2020-07-14T23:35:59.673. 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.
    www.powdermountainre.com/homes/104963082
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    690 E 12200 S Draper, UT 84020

    • Price: $1,119,050
    • Status: Active
    • ID#: 1667114
    16
    Beds
    11
    Baths
    0
    ½ Baths
    0.96
    Acres
    11,000
    SQFT
    $102
    $/SQFT
    2020
    Built
    Neighborhood:
    Draperville
    County:
    Salt Lake
    Area:
    Sandy; Draper; Granite; Wht Cty
    Elementary School:
    Sprucewood
    Middle School:
    Mount Jordan
    High School:
    Alta
    School District:
    Canyons
    Property Description
    Incredibly rare Draper multi-family, mixed-use development; investment/partnership/1031 opportunity! City-approved, 11-unit apartment building (five-2BR units, six-1BR units), with a management office that can be rented as an office space or, with city approval, could serve as an additional rental unit. Plus, a separate 7,000 sq. ft. commercial building approved on the highly desirable corner of 12200 S. 700 E. in Draper's core business district. Drawings for apartments complete, site plan approved, building permit approval imminent. Owner/agent intended to develop for personal portfolio. Considering multiple purchase/partnership options. 1: Purchase entire project; $1,119,050. 2: Purchase and develop commercial corner separately, $699,300. 3: Purchase and develop approved residential portion of project, $624,750. 4: Purchase 49% ownership of entire project, develop as a partnership for $597,335. Details of all purchase/partnership, commission options negotiable.
    Exterior Features

    Driveway Asphalt Exterior Building Materials Brick Garage Parking Features See Remarks Length In Feet Of Back Of Property 0.0 Length In Feet Of Front Of Property 0.0 Length In Feet Of Side Of Property 0.0 Roof Features Membrane Storage See Remarks Style 2 - Story

    Interior Features

    Floor Coverings Concrete

    Property Features

    Accessibility 36" Wide Hallways Community Pool No Construction Status To Be Built Hoa No Hoa Fee 0 Multifamily Property Type > 4 Units Owner Type Owner/Agent Pool No School Other Juan Diego Catholic High Spa No Taxes 8000 Terms See RemarksCashConventionalExchange Utilities Gas: AvailablePower: AvailableSewer: AvailableWater: Available Water See RemarksCulinary Water Shares 0.00 Zoning Code 1144

    Listing provided courtesy of Troika Real Estate. Information deemed reliable but not guaranteed accurate. Buyer to verify all information. © 2020 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved.


    Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2020-07-14T23:35:59.673. 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.
     
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    Eden UT, 84310