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1731 Garden Dr
Pleasant Grove, UT 84062
Pleasant Grove 8 Plex · Multifamily Property For Sale
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8 Units
PROPERTY FACTS
| No. Units | 8 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Lot Size | 0.66 AC | Year Built/Renovated | 1994/2019 |
| Building Size | 10,224 SF | Parking Ratio | 1.56/1,000 SF |
| No. Units | 8 |
| Property Type | Multifamily |
| Lot Size | 0.66 AC |
| Building Size | 10,224 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1994/2019 |
| Parking Ratio | 1.56/1,000 SF |
ABOUT 1731 GARDEN DR , PLEASANT GROVE, UT 84062
Stabilized 3 bedroom townhouse style 8plex in Pleasant Grove, Utah! Proximity to stores, businesses, restaurants and many great new developments including the new Evermore park. This 8 plex consists of 2 buildings that share a parking lot. 6 of the 8 units have been updated! Average rents are $1150 due to long term tenants but the latest remodeled unit rented for $1400. Many multifamily unit townhouses in this area have been able to be divided into individual townhouses and sold off individually for a profit. One just sold for $205,000 which could equate to over $100,000 in profit potential. Lots of upside to increase rents without much capital investment.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2 | 8 | $1,213 | 1,278 |
PROPERTY TAXES
| Parcel Number | 36-456-0006 | Improvements Assessment | $726,600 |
| Land Assessment | $311,400 | Total Assessment | $570,900 |
PROPERTY TAXES
