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Brand New Duplex in Richfield UT 39 N 200 E 2 Unit Apartment Building $799,800 ($399,900/Unit) 4.26% Cap Rate Richfield, UT 84701
Investment Highlights
- Brand New Construction
Executive Summary
Duplex consisting of two units offered at $399,900 per unit. Projected rents of $1,850 per unit with owner-paid utilities including water, sewer, trash, power, and gas. Estimated annual operating expenses of approximately $10,400, including property taxes. Stabilized annual NOI of approximately $34,000, offering a 4.26% cap rate at list price.
Financial Summary (Pro Forma - 2026) 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 |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) 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 | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Microwave
- Storage Space
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Kitchen
- High Speed Internet Access
- Refrigerator
- Stainless Steel Appliances
- Range
- Tub/Shower
- Walk-In Closets
- Carpet
- Yard
- Dining Room
- Double Pane Windows
- Family Room
- Freezer
- Island Kitchen
- Linen Closet
- Mud Room
- Patio
- Large Bedrooms
Property Taxes
| Parcel Number | 1-24-41 | Total Assessment | $75,512 (2025) |
| Land Assessment | $75,012 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $500 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
1-24-41
Land Assessment
$75,012 (2025)
Improvements Assessment
$500 (2025)
Total Assessment
$75,512 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
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Presented by
ERA Brokers Consolidated
Brand New Duplex in Richfield UT | 39 N 200 E
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