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ASPEN APTS 36 W 1600 N 6 Unit Apartment Building $5,000,000 ($833,333/Unit) 6.68% Cap Rate Sunset, UT 84015
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 January. Seller has 6 units pre leased. @ bedrooms at $1400 and 1 bedrooms at $1200 Call for more details.
PROPERTY FACTS
| Price | $5,000,000 | Apartment Style | Low-Rise |
| Price Per Unit | $833,333 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.65 AC |
| Cap Rate | 6.68% | Building Size | 14,439 SF |
| No. Units | 6 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 2025 |
| Property Subtype | Apartment |
| Price | $5,000,000 |
| Price Per Unit | $833,333 |
| Sale Type | Investment |
| Cap Rate | 6.68% |
| No. Units | 6 |
| 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 | - | - |
1 1
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ASPEN APTS | 36 W 1600 N
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