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ASPEN APTS 36 1600 N 18 Unit Apartment Building $5,000,000 ($277,778/Unit) 6.68% Cap Rate Sunset, UT 84015

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INVESTMENT HIGHLIGHTS

  • Great income potential
  • Brand new units with washer/dryer
  • High traffic area

EXECUTIVE SUMMARY

Now is your chance to invest in the growing city of Sunset! 18 unit 3 story apartment building. 6 2 bed, 1 bath. 12 1 bed, 1 bath. Expected rent totals $28,740. Modern units with granite counters and lvp flooring. Open floor plan. Laundry room in all. All separately metered. Est completion end of November. Call for more details.

PROPERTY FACTS

Price $5,000,000
Price Per Unit $277,778
Sale Type Investment
Cap Rate 6.68%
No. Units 18
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.65 AC
Building Size 14,439 SF
No. Stories 3
Year Built 2025

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Dishwasher
  • Disposal
  • Washer/Dryer Hookup
  • Heating
  • Kitchen
  • Granite Countertops
  • Refrigerator
  • Range
  • Family Room
  • Island Kitchen
  • Vinyl Flooring

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Trash Pickup - Curbside
  • Public Transportation
  • Smoke Detector

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 6 - -
  • Listing ID: 38352182

  • Date on Market: 11/6/2025

  • Last Updated:

  • Address: 36 1600 N, Sunset, UT 84015

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