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2770 N 2775 W 9,849 SF Specialty Building Offered at $2,460,000 at a 5% Cap Rate in Plain City, UT 84404

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INVESTMENT HIGHLIGHTS

  • Brand new construction with one, two, and ten-year warranties
  • Brand new 2025 townhome designs with hybrid kitchen and massive primary suites
  • Prime location with mountiain views in Utah's quickly expanding Northern cooridor

EXECUTIVE SUMMARY

Brand-new 6-plex in a fast-growing Northern Utah corridor. True townhomes, mixed in with individual sales at market rates, and built to a high standard by a trusted local builder. Includes a full first-year bumper-to-bumper warranty, second-year systems coverage, and a ten-year structural warranty. 2025 features include Hardie board on all exterior sides with decorative stone, hybrid kitchens with butler pantries, massive primary suites and bathrooms, and two-car garages that fit full-size trucks. Clean modern finishes, efficient layouts, and construction designed for long-term durability and low maintenance.
Comparable units built by the same builder are currently leasing around ~$2,300/unit ($2,100 base rent + fees), and the area has strong demand for newer, garage-equipped rentals. Mountain views are fantastic across this development, and it’s part of a large, master-planned community that will include parks, pickleball, volleyball, communal gardens, and more amenities.
Turnkey, low-maintenance asset in a growing market — ideal for 1031 buyers or long-term hold strategies. Square footage estimates are from building plans; buyer to verify.

PROPERTY FACTS

Price $2,460,000
Price Per SF $249.77
Sale Type Investment
Cap Rate 5%
Gross Rent Multiplier 18.5
Property Type Specialty
Property Subtype
Residential Income
  • Multifamily Apartments
Building Class B
Building Size 9,849 SF
No. Stories 2
Year Built 2025
Parking Ratio 0.61/1,000 SF
Zoning Residential

AMENITIES

  • Smoke Detector
  • Listing ID: 38342925

  • Date on Market: 11/5/2025

  • Last Updated:

  • Address: 2770 N 2775 W, Plain City, UT 84404

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