2465 Monroe Blvd | Ogden, UT 84401
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- LoopNet Team
2465 Monroe Blvd
Ogden, UT 84401
Fontanelle Apartments · Multifamily Property For Sale
·
10 Units
INVESTMENT HIGHLIGHTS
- Good Unit Mix (6) 3BD/1BA, (4) 1BD/1BA
- Ownership has invested significant capital into repairs and improvements
- Housing program pays for vacancy costs
- Rents 20% Above Fair Market Value
- 100% Section 8 property with annual rental increases in March
- In Downtown Ogden and in an Opportunity Zone
PROPERTY FACTS
| No. Units | 10 | Building Size | 11,368 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1924 |
| Apartment Style | Low-Rise | Parking Ratio | 1.14/1,000 SF |
| Building Class | C | Cross Streets | 25th St |
| Lot Size | 0.31 AC |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.31 AC |
| Building Size | 11,368 SF |
| No. Stories | 3 |
| Year Built | 1924 |
| Parking Ratio | 1.14/1,000 SF |
| Cross Streets | 25th St |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | - | 550 |
| 3+1 | 6 | - | 1,100 |
PROPERTY TAXES
| Parcel Number | 01-058-0049 | Improvements Assessment | $1,545,000 |
| Land Assessment | $350,000 | Total Assessment | $1,895,000 |
PROPERTY TAXES
Parcel Number
01-058-0049
Land Assessment
$350,000
Improvements Assessment
$1,545,000
Total Assessment
$1,895,000
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