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507 N Broadway
Farmington, UT 84025
Park Place Living · Multifamily Property For Sale
·
30 Units
Investment Highlights
- rand New Construction (2023): High-quality materials and contemporary finishes throughout
- Diverse Unit Mix: Spacious 1, 2 & 4-bedroom layouts with open floorplans
- Outdoor Lifestyle Appeal: Minutes from world-class skiing, hiking, and biking
- Transit-Oriented Location: Steps from UTA bus stops, Frontrunner rail, and walkable to Station Park retail & entertainment
- Strong Demographics: Median HH income exceeds $120,000 within a 2-mile radius
- Low Unemployment & Educated Workforce: Farmington’s 2.0% unemployment rate and 42.3% college-educated population
Property Facts
| No. Units | 30 | Lot Size | 0.49 AC |
| Property Type | Multifamily | Building Size | 100,000 SF |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 2023 |
| Building Class | B |
| No. Units | 30 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.49 AC |
| Building Size | 100,000 SF |
| No. Stories | 4 |
| Year Built | 2023 |
Amenities
Unit Amenities
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Pet Play Area
- Maintenance on site
- Online Services
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 16 | - | 687 - 688 |
| 2+1 | 6 | - | 800 - 835 |
| 2+2 | 6 | - | 835 |
| 4+2 | 2 | - | 1,305 |
Property Taxes
| Parcel Number | 08-622-0504 | Improvements Assessment | $2,103,611 |
| Land Assessment | $193,701 | Total Assessment | $2,297,312 |
Property Taxes
Parcel Number
08-622-0504
Land Assessment
$193,701
Improvements Assessment
$2,103,611
Total Assessment
$2,297,312
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