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550 E 300 S
Payson, UT 84651
Payson 6-plex · Multifamily Property For Sale
·
6 Units
PROPERTY FACTS
| No. Units | 6 | Building Size | 4,174 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1975 |
| Lot Size | 0.59 AC | Parking Ratio | 3.59/1,000 SF |
| Zoning | R1-10 | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Lot Size | 0.59 AC |
| Building Size | 4,174 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1975 |
| Parking Ratio | 3.59/1,000 SF |
| Zoning | R1-10 |
AMENITIES
UNIT AMENITIES
- Washer/Dryer Hookup
- Heating
- Kitchen
- Refrigerator
- Range
- Tub/Shower
- Carpet
- Family Room
- Vinyl Flooring
SITE AMENITIES
- Basketball Court
ABOUT 550 E 300 S , PAYSON, UT 84651
6-plex with 2 bedroom 1 bath units. Parking lot resealed, and crack sealed. All through wall AC units new within 18 months. 6 of the 12 water heaters replaced in the last few years. 5 of the 6 units had new carpet installed Sept 2019. 1 unit has upgraded vinyl clad windows. Shipping container on site as owners shed, could be leased out as storage for extra income. Uncovered parking lot has 15 large marked stalls for off street parking. Rents are currently low, 5 units at 675 Month, one at 750. Tenants pay all their own utilities. Owner pays for secondary water for lawns. 5 of 6 tenants have been leasing for more than 2 years some more than 5 years. All are on month to month leases.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 6 | $712.50 | 695 |
PROPERTY TAXES
| Parcel Number | 08-072-0022 | Improvements Assessment | $486,500 |
| Land Assessment | $354,700 | Total Assessment | $462,660 |
PROPERTY TAXES
