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365 E Vine St 10 Unit Apartment Building $900,000 ($90,000/Unit) 6.26% Cap Rate Tooele, UT 84074
Investment Highlights
- Low Income Housing
- High Demand Units
- 10 Units to help spread risk
Executive Summary
Excellent Investment Opportunity! Great Money Maker. 10 Units: Two 1 bedroom units and 8 studio units. All units have kitchens and bathrooms. All units remodeled within past 5 years. Current owners have kept up on maintenance. Currently has a roof warranty. Cinderblock construction for the structure so the units tend to have lower maintenance. NO SHOWINGS BEFORE CONTRACT. Please do not disturb the Tenants.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $900,000 | Apartment Style | Low-Rise |
| Price Per Unit | $90,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.16 AC |
| Cap Rate | 6.26% | Building Size | 4,050 SF |
| No. Units | 10 | Average Occupancy | 99% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1949 |
| Zoning | Multi-Family - Residential Area: Multi-Family | ||
| Price | $900,000 |
| Price Per Unit | $90,000 |
| Sale Type | Investment |
| Cap Rate | 6.26% |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 4,050 SF |
| Average Occupancy | 99% |
| No. Stories | 1 |
| Year Built | 1949 |
| Zoning | Multi-Family - Residential Area: Multi-Family |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 10 | - | - |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 02-111-0-0023 | Improvements Assessment | $401,812 |
| Land Assessment | $135,700 | Total Assessment | $537,512 |
Property Taxes
Parcel Number
02-111-0-0023
Land Assessment
$135,700
Improvements Assessment
$401,812
Total Assessment
$537,512
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365 E Vine St
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