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36 W 1600 N 18 Unit Apartment Building $4,635,000 ($257,500/Unit) 6% Cap Rate Sunset, UT 84015
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. 17 units are rented. Rents total $25,318 and are low for the are. Cap rate is 6%. Modern Units with granite counters and lvp flooring. Open floor plan. Laundry room in all units. All separately metered. Call for more details. Seller would consider seller financing. Call for terms.
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $4,635,000 | Apartment Style | Low-Rise |
| Price Per Unit | $257,500 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.65 AC |
| Cap Rate | 6% | Building Size | 14,439 SF |
| No. Units | 18 | Average Occupancy | 95% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 2025 |
| Zoning | C2 | ||
| Price | $4,635,000 |
| Price Per Unit | $257,500 |
| Sale Type | Investment |
| Cap Rate | 6% |
| 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 |
| Average Occupancy | 95% |
| No. Stories | 3 |
| Year Built | 2025 |
| Zoning | C2 |
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 |
|---|---|---|---|
| 1+1 | 18 | - | 700 - 740 |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 13-080-0063 | Improvements Assessment | $7,581 (2025) |
| Land Assessment | $175,773 (2025) | Total Assessment | $183,354 (2025) |
Property Taxes
Parcel Number
13-080-0063
Land Assessment
$175,773 (2025)
Improvements Assessment
$7,581 (2025)
Total Assessment
$183,354 (2025)
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Contact the Sale Advisor
36 W 1600 N