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620 W Evans Ridge Cir 4 Unit Apartment Building $1,350,000 ($337,500/Unit) Washington, UT 84780
Investment Highlights
- Centrally located in the community
- Rent approximately $200 per unit below market per January 2026 Appraisal.
- Additional parking areas nearby
Executive Summary
Four units, 100% occupied. 3 bedroom 2 bathroom, 2 car garage each . Built in 1997. Central gas forced air heating, central air conditioning, individually metered for electric, gas, and water. Entire building is 4,588 SF on .42 acres. Located in the Evans Ridge Subdivision. Financial details available upon request.
Financial Summary (Actual - 2025) 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 |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) 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 | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,350,000 | Building Class | B |
| Price Per Unit | $337,500 | Lot Size | 0.42 AC |
| Sale Type | Investment | Building Size | 4,588 SF |
| Sale Condition | 1031 Exchange | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 1 |
| Property Type | Multifamily | Year Built/Renovated | 1997/2024 |
| Property Subtype | Apartment | Parking Ratio | 0.87/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | R-3 - Washington City zoning is R-3 | ||
| Price | $1,350,000 |
| Price Per Unit | $337,500 |
| Sale Type | Investment |
| Sale Condition | 1031 Exchange |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.42 AC |
| Building Size | 4,588 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1997/2024 |
| Parking Ratio | 0.87/1,000 SF |
| Zoning | R-3 - Washington City zoning is R-3 |
Amenities
Unit Amenities
- Air Conditioning
- Wheelchair Accessible (Rooms)
Site Amenities
- 24 Hour Access
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 4 | - | 1,147 |
1 1
Property Taxes
| Parcel Number | 0514110 | Improvements Assessment | $417,670 |
| Land Assessment | $129,030 | Total Assessment | $546,700 |
Property Taxes
Parcel Number
0514110
Land Assessment
$129,030
Improvements Assessment
$417,670
Total Assessment
$546,700
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620 W Evans Ridge Cir
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