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656 W 700 S
Tremonton, UT 84337
Multifamily Property For Sale
·
16 Units
Investment Highlights
- 5% Cap Rate on Existing NOI
- 2024-2025 nine units were gutted and remodeled with new flooring, new paint and appliances
- Assumable FHA loan, 3.8% interest expires 2035
- 16, 2 story townhomes, 2Xbeds/1Xbath with fully remodeled double carports
- Resurfaced parking in 2025
Executive Summary
Meadow Park Townhomes
Located in Tremonton, Utah, the Meadow Park Townhomes community has had long-term occupants, many for 5 to 10 years
Adjacent to a city park with playgrounds and soccer fields, Basketball courts within a few steps
16, 2 story townhomes, 2Xbeds/1Xbath with fully remodeled double carports
Washer and dryer hookup on the main floor
2024-2025 nine units were gutted and remodeled with new flooring, new paint and appliances
Resurfaced parking in 2025
Tenants pay gas and power in separate meters
Assumable FHA loan, 3.8% interest expires 2035
Located in Tremonton, Utah, the Meadow Park Townhomes community has had long-term occupants, many for 5 to 10 years
Adjacent to a city park with playgrounds and soccer fields, Basketball courts within a few steps
16, 2 story townhomes, 2Xbeds/1Xbath with fully remodeled double carports
Washer and dryer hookup on the main floor
2024-2025 nine units were gutted and remodeled with new flooring, new paint and appliances
Resurfaced parking in 2025
Tenants pay gas and power in separate meters
Assumable FHA loan, 3.8% interest expires 2035
Property Facts
| Price Per Unit | $256,250 | Lot Size | 0.49 AC |
| Sale Type | Investment | Building Size | 16,000 SF |
| Cap Rate | 4.96% | Average Occupancy | 100% |
| No. Units | 16 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1970/2023 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Townhome |
| Price Per Unit | $256,250 |
| Sale Type | Investment |
| Cap Rate | 4.96% |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Lot Size | 0.49 AC |
| Building Size | 16,000 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1970/2023 |
| Opportunity Zone |
Yes |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 16 | - | 1,000 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,847,014 | |
| Land Assessment | $1,280,000 | Total Assessment | $3,127,014 |
Property Taxes
Parcel Numbers
Land Assessment
$1,280,000
Improvements Assessment
$1,847,014
Total Assessment
$3,127,014
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