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Ancora Apartments 1184 W 4400 S 16 Unit Apartment Building $3,175,000 ($198,438/Unit) Riverdale, UT 84405
Investment Highlights
- Clear Value-Add with Embedded NOI Upside
- Minutes to Northern Utah’s Core Employment Anchors
- Suburban Convenience Infill Location with Strong Connectivity
Executive Summary
Cushman & Wakefield, as exclusive advisor, is pleased to present the opportunity to acquire Ancora Apartments (the “Property” or “Ancora”), a 16-unit apartment community located in Riverdale, a vibrant suburb of Ogden, Utah. With access to major employment, premier mountain recreation, revitalized downtown, and relatively affordable rents, Ogden is a highly desirable submarket of the Greater Salt Lake Area.
Originally constructed in 1979 on a 0.70-acre site, Ancora offers a suburban lifestyle in an amenity-rich area. Current ownership has modernized select units and exterior elements, enhancing the community while providing future ownership a roadmap to unlock additional value.
Ancora combines renovation upside and a strong infill location with access to jobs and amenities, positioning the Property for sustained renter demand and long-term growth.
Originally constructed in 1979 on a 0.70-acre site, Ancora offers a suburban lifestyle in an amenity-rich area. Current ownership has modernized select units and exterior elements, enhancing the community while providing future ownership a roadmap to unlock additional value.
Ancora combines renovation upside and a strong infill location with access to jobs and amenities, positioning the Property for sustained renter demand and long-term growth.
Property Facts
| Price | $3,175,000 | Lot Size | 0.70 AC |
| Price Per Unit | $198,438 | Building Size | 13,824 SF |
| Sale Type | Investment | Average Occupancy | 94% |
| No. Units | 16 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1979 |
| Property Subtype | Apartment | Parking Ratio | 2.31/1,000 SF |
| Building Class | C | ||
| Zoning | R-2 and R-5 | ||
| Price | $3,175,000 |
| Price Per Unit | $198,438 |
| Sale Type | Investment |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.70 AC |
| Building Size | 13,824 SF |
| Average Occupancy | 94% |
| No. Stories | 2 |
| Year Built | 1979 |
| Parking Ratio | 2.31/1,000 SF |
| Zoning | R-2 and R-5 |
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Property Taxes
| Parcel Number | 08-096-0003 | Improvements Assessment | $1,611,000 |
| Land Assessment | $560,000 | Total Assessment | $2,171,000 |
Property Taxes
Parcel Number
08-096-0003
Land Assessment
$560,000
Improvements Assessment
$1,611,000
Total Assessment
$2,171,000
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Ancora Apartments | 1184 W 4400 S
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