Property
Beds
12
Full Baths
None
1/2 Baths
None
Year Built
1914
Sq.Footage
8,957
*** SELLER FINANCING with 3.99% interest rate for 3 years! *** This is an excellent investment opportunity providing significant immediate cashflow. This 12-unit historic apartment building features eleven 1-bedroom units and one studio apartment, as well as 12 large onsite storage units, producing current monthly income of $12,650. Located in the heart of Springville, this property has consistent occupancy history and high rental demand when units become available. This is an opportunity to acquire a stabilized building in a core location with reliable day-one income and straightforward management. Please reach out with inquiries to Stuart Lewis: 801-717-7444. Do not disturb tenants.
Features & Amenities
Interior
-
Total Bedrooms
12
-
Bathrooms
N/A
-
Cooling YN
NO
-
Cooling
None
-
Fireplace YN
NO
-
Heating YN
NO
-
Heating
None
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.6
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
-
Architectural Style
Stories: 3
Price
-
Sales Price
$2,100,000
-
Tax Amount
$7,931
-
Sq. Footage
8, 957
-
Price/SqFt
$234
HOA
-
Association
No
School District
-
Elementary School
None/Other
-
Middle School
None/Other
-
High School
None/Other
Property Features
-
Senior Community YN
NO
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Location
County
Utah
Elementary School
None/Other
Middle School
None/Other
High School
None/Other
Listing Courtesy of Stephanie Lewis , Equity Real Estate (Results)
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President / Real Estate Advisor
Damon Luke
Call Damon today to schedule a private showing.
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