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407 W 12th St
Ogden, UT 84404
Hunter's Landing · Multifamily Property For Sale
·
155 Units
Investment Highlights
- This project is well-located on 12th St in Ogden, Utah
- Within a major commercial area with Walmart, WinCo, and Home Depot each within a 5 minute drive.
- Within a five minute drive from downtown Ogden
Executive Summary
Introducing Hunter’s Landing, a prime property at 407 W 12th St, Ogden UT 84404, now available for acquisition at an asking price of $39,900,000. Conveniently situated just off the 12th St exit of I-15, this one-building project features 155 units with a compelling unit mix of 75 studios, 55 1-bedrooms, and 25 2-bedroom apartments. Hunter’s Landing boasts a strategic location ideal for quick travel and commuting, while being just a short drive away from downtown Ogden. Nestled within a major commercial area, the property is surrounded by popular retailers such as Walmart, WinCo, and Home Depot, each just a 5-minute drive away. The development also offers a host of amenities, including a pool and clubhouse for residents to enjoy. Don't miss this excellent investment opportunity in Ogden, Utah. Contact Summa Terra Ventures for more information on this exceptional property.
While we would consider a Sale of this asset at this price, we would be more inclined to bring in equity partners to join the partnership we already have. If you have any interest in exploring this possibility please reach out to us. We have received a TCO on the first floor and are working towards a TCO on the second floor. Lease-up on the first floor has begun.
While we would consider a Sale of this asset at this price, we would be more inclined to bring in equity partners to join the partnership we already have. If you have any interest in exploring this possibility please reach out to us. We have received a TCO on the first floor and are working towards a TCO on the second floor. Lease-up on the first floor has begun.
Property Facts
| Price Per Unit | $257,419 | Lot Size | 3.36 AC |
| Sale Type | Investment | Building Size | 126,722 SF |
| No. Units | 155 | Average Occupancy | 65% |
| Property Type | Multifamily | No. Stories | 5 |
| Property Subtype | Apartment | Year Built | 2025 |
| Apartment Style | Mid-Rise | Opportunity Zone |
Yes
|
| Building Class | B | ||
| Zoning | CP-3 - Commercial | ||
| Price Per Unit | $257,419 |
| Sale Type | Investment |
| No. Units | 155 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 3.36 AC |
| Building Size | 126,722 SF |
| Average Occupancy | 65% |
| No. Stories | 5 |
| Year Built | 2025 |
| Opportunity Zone |
Yes |
| Zoning | CP-3 - Commercial |
Amenities
Unit Amenities
- Balcony
- Dishwasher
- Microwave
- Heating
- Kitchen
- Refrigerator
- Sprinkler System
- Tub/Shower
- Views
- Carpet
- Patio
- Vinyl Flooring
Site Amenities
- 24 Hour Access
- Clubhouse
- Fitness Center
- Pool
- Grill
- Pet Play Area
- Car Charging Station
- Elevator
- Lounge
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 29 | $1,149 | 399 - 522 |
| 1+1 | 55 | $1,425 | 628 - 630 |
| 2+2 | 25 | $1,574 | 990 |
Property Taxes
| Parcel Number | 12-120-0049 | Improvements Assessment | $38,163,160 |
| Land Assessment | $5,425,000 | Total Assessment | $43,588,160 |
Property Taxes
Parcel Number
12-120-0049
Land Assessment
$5,425,000
Improvements Assessment
$38,163,160
Total Assessment
$43,588,160
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