152 400 E st - Cortland Park 1,566 SF Flex Condo Unit Offered at $1,525,000 in Santaquin, UT 84655

Newly constructed Townhomes in Santaquin, UT.
This offering includes 16 buildings, ranging from 4-plex to 7-plex configurations providing investors with flexible acquisition options at scale in a rapidly growing market. Each unit features 2 beds, 1.5 bath, and an unfinished basement-offering a value add opportunity to add a 3rd bedroom and a full bathroom. Most buildings are in early construction phases, providing a unique opportunity to secure a brand new product. The property is located directly behind Maceys and just a short 20-25 minute drive to education and employment. Santaquin is experiencing strong population and economic growth, positioning this asset as an excellent opportunity for investors seeking new construction,  scalability and long-term appreciation in an emerging submarket.(Current price is based on a 5 plex building)

Cortland Park presents an opportunity to acquire newly constructed townhome product in Santaquin, Utah, one of Utah County's growing residential communities. The development consists of multiple townhome buildings designed to provide modern, low-maintenance housing within convenient reach of Interstate 15, regional employment centers, and the expanding residential growth occurring throughout southern Utah County.
The project offers investors the ability to participate in a market benefiting from continued population growth and housing demand. Individual units feature two-bedroom floor plans with unfinished basement areas that may provide future value-add potential through additional living space, subject to applicable approvals and construction requirements. The community's location provides residents with access to schools, local services, outdoor recreation, and regional transportation connections throughout the Wasatch Front.
Santaquin's position at the southern gateway of Utah County offers connectivity to Provo, Orem, and Salt Lake City while maintaining a community-oriented environment. Combined with ongoing residential expansion and infrastructure investment in the area, Cortland Park represents an opportunity to acquire new construction multifamily housing in an established growth corridor.