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Greenhill at Riverdale 4189 S 300 W 145 Unit Apartment Building For Sale Ogden, UT 84405
INVESTMENT HIGHLIGHTS
- Incredible Location
- Value-add Component: 16 Classic Units Can Be Upgraded
- Steady Job Market, Wage Growth, and Low Unemployment at 3.4%
- High Walk Score: Surrounded by Numerous Restaurants, New Trader Joe's, and more
- 42 New Units Built in 2021
- #2 Best Performing City in the US: Ogden-Clearfield (Milken Institute, 2025)
EXECUTIVE SUMMARY
Welcome to Greenhill at Riverdale Apartments, a 145-unit community with an unbeatable location along Riverdale Road.
The property is minutes from both I-15 and I-84, granting residents easy access to major job centers along the Wasatch Front. Downtown Salt Lake and the Salt Lake International Airport are about 35 minutes away; downtown Ogden is less than 10 minutes away.
Ogden is an economic hub for Northern Utah, ranking #2 among Milken’s Best-Performing Large Cities for 2025. The area is powered by a diversified employment base—including Hill Air Force Base, McKay-Dee Hospital, Weber State University, Fresenius, US Foods, Autoliv, the Ogden Business Depot, IRS, and more.
Residents are drawn to Ogden for economic opportunity and quality of life. Employers value the metro’s low cost of doing business and a young, highly educated workforce. The area’s large share of public-sector jobs provides a stable employment base of high-paying jobs. The median household income is over $98,000 per year. Ogden also ranks highly for community resilience, reflecting its ability to withstand economic and environmental challenges.
Like many high-growth Utah markets, Ogden’s housing supply remains tight. Owning a home costs twice as much as renting, and housing prices continue to climb, increasing 4.6% over the past year. Residents need well-located rental housing with quick and easy access to daily needs and major job centers.
Greenhill at Riverdale is steps from the Riverdale Road retail corridor. The property is surrounded by restaurants and shopping, including In-N-Out, Shake Shack, Raising Cane’s, Cafe Rio, Starbucks, and more. A new Trader Joe’s is under construction next door and is expected to open in the coming months.
Greenhill at Riverdale was built in two phases—103 units in 1972 and 42 units in 2021. Most of the original units have been thoroughly renovated with new electrical systems, and modern finishes, including open-concept floor plans, granite countertops, new appliances, and in-unit washers and dryers. Sixteen classic units remain, offering investors value-add potential. Additionally, all buildings have new roofs and windows.
Residents also enjoy a welcoming clubhouse, fitness center, sparkling pool & spa, an outdoor lounge & BBQ, covered parking, EV chargers, and more, all in a location that makes everyday living simple.
Don’t miss this opportunity to invest in Ogden, Utah—a market known for economic resilience, reliable employment anchors, and continued growth. Greenhill at Riverdale offers stable, long-term fundamentals in one of the Mountain West’s most dynamic, business-friendly metros.
The property is minutes from both I-15 and I-84, granting residents easy access to major job centers along the Wasatch Front. Downtown Salt Lake and the Salt Lake International Airport are about 35 minutes away; downtown Ogden is less than 10 minutes away.
Ogden is an economic hub for Northern Utah, ranking #2 among Milken’s Best-Performing Large Cities for 2025. The area is powered by a diversified employment base—including Hill Air Force Base, McKay-Dee Hospital, Weber State University, Fresenius, US Foods, Autoliv, the Ogden Business Depot, IRS, and more.
Residents are drawn to Ogden for economic opportunity and quality of life. Employers value the metro’s low cost of doing business and a young, highly educated workforce. The area’s large share of public-sector jobs provides a stable employment base of high-paying jobs. The median household income is over $98,000 per year. Ogden also ranks highly for community resilience, reflecting its ability to withstand economic and environmental challenges.
Like many high-growth Utah markets, Ogden’s housing supply remains tight. Owning a home costs twice as much as renting, and housing prices continue to climb, increasing 4.6% over the past year. Residents need well-located rental housing with quick and easy access to daily needs and major job centers.
Greenhill at Riverdale is steps from the Riverdale Road retail corridor. The property is surrounded by restaurants and shopping, including In-N-Out, Shake Shack, Raising Cane’s, Cafe Rio, Starbucks, and more. A new Trader Joe’s is under construction next door and is expected to open in the coming months.
Greenhill at Riverdale was built in two phases—103 units in 1972 and 42 units in 2021. Most of the original units have been thoroughly renovated with new electrical systems, and modern finishes, including open-concept floor plans, granite countertops, new appliances, and in-unit washers and dryers. Sixteen classic units remain, offering investors value-add potential. Additionally, all buildings have new roofs and windows.
Residents also enjoy a welcoming clubhouse, fitness center, sparkling pool & spa, an outdoor lounge & BBQ, covered parking, EV chargers, and more, all in a location that makes everyday living simple.
Don’t miss this opportunity to invest in Ogden, Utah—a market known for economic resilience, reliable employment anchors, and continued growth. Greenhill at Riverdale offers stable, long-term fundamentals in one of the Mountain West’s most dynamic, business-friendly metros.
DATA ROOM Click Here to Access
PROPERTY FACTS Under Contract
| Sale Type | Investment | Lot Size | 5.61 AC |
| No. Units | 145 | Building Size | 126,391 SF |
| Property Type | Multifamily | Average Occupancy | 95% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Garden | Year Built/Renovated | 1972/2019 |
| Building Class | B | Parking Ratio | 2.07/1,000 SF |
| Zoning | R-5 | ||
| Sale Type | Investment |
| No. Units | 145 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 5.61 AC |
| Building Size | 126,391 SF |
| Average Occupancy | 95% |
| No. Stories | 3 |
| Year Built/Renovated | 1972/2019 |
| Parking Ratio | 2.07/1,000 SF |
| Zoning | R-5 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer Hookup
- Ceiling Fans
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Views
- Carpet
- Double Pane Windows
- Freezer
- Pantry
SITE AMENITIES
- 24 Hour Access
- Business Center
- Clubhouse
- Fitness Center
- Laundry Facilities
- Picnic Area
- Playground
- Pool
- Video Patrol
- Basketball Court
- Grill
- Laundry Service
- Wi-Fi
- Community-Wide WiFi
- Maintenance on site
- Online Services
- Walk-Up
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 49 | $1,157 | 550 - 610 |
| 2+1 | 90 | $1,324 | 850 |
| 2+2 | 6 | $1,449 | 892 |
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $20,830,000 | |
| Land Assessment | $5,075,000 | Total Assessment | $25,905,000 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$5,075,000
Improvements Assessment
$20,830,000
Total Assessment
$25,905,000
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Greenhill at Riverdale | 4189 S 300 W
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