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ASPEN APTS 36 W 1600 N 6 Unit Apartment Building $4,800,000 ($800,000/Unit) 6.14% 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 | $4,800,000 | Apartment Style | Low-Rise |
| Price Per Unit | $800,000 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.65 AC |
| Cap Rate | 6.14% | Building Size | 14,439 SF |
| No. Units | 6 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 2025 |
| Property Subtype | Apartment |
| Price | $4,800,000 |
| Price Per Unit | $800,000 |
| Sale Type | Investment |
| Cap Rate | 6.14% |
| 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
Property Taxes
| Parcel Number | 13-080-0063 | Improvements Assessment | $7,581 |
| Land Assessment | $175,773 | Total Assessment | $183,354 |
Property Taxes
Parcel Number
13-080-0063
Land Assessment
$175,773
Improvements Assessment
$7,581
Total Assessment
$183,354
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ASPEN APTS | 36 W 1600 N
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