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Ogden Towns 711 350 E 5 Unit Apartment Building $1,675,000 ($335,000/Unit) 5% Cap Rate Ogden, UT 84404
Investment Highlights
- Brand new units
- Central location in Ogden, UT
- Clean, modern feel inside and out
Executive Summary
Purchase your own building in a brand new townhome community in the heart of Ogden, Utah. Each unit is 3 bedrooms, 2.5 bathrooms, and approximately 1550SF, plus an attached 2 car garage. The units are individually platted, so may be sold as individual units in the future or held as a rental investment long-term. We have five or six plexes available (listed price is a five plex) or you can buy a partial building.
Rents in the area are $1850-$2000 per month for a townhome. At this bulk price the units are $335,000 each, which is an excellent price for Ogden. Any buyer agent commission will be added to the price.
We have a relationship with a property management company (Celle Asset Management) that can manage the project for you for at 7.5% of rents or you are welcome to find your own management company. The new units have a builder warranty and are upgraded with floor to ceiling cabinetry, quartz counters, etc.
Buyer may purchase buildings as they are complete, or in a few partial closings as needed.
Rents in the area are $1850-$2000 per month for a townhome. At this bulk price the units are $335,000 each, which is an excellent price for Ogden. Any buyer agent commission will be added to the price.
We have a relationship with a property management company (Celle Asset Management) that can manage the project for you for at 7.5% of rents or you are welcome to find your own management company. The new units have a builder warranty and are upgraded with floor to ceiling cabinetry, quartz counters, etc.
Buyer may purchase buildings as they are complete, or in a few partial closings as needed.
Financial Summary (Pro Forma - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$117,000
|
$2.10
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$5,850
|
$0.10
|
| Effective Gross Income |
$111,150
|
$1.99
|
| Taxes |
$14,000
|
$0.25
|
| Operating Expenses |
$13,400
|
$0.24
|
| Total Expenses |
$27,400
|
$0.49
|
| Net Operating Income |
$83,750
|
$1.50
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income | |
|---|---|
| Annual | $117,000 |
| Annual Per SF | $2.10 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | $5,850 |
| Annual Per SF | $0.10 |
| Effective Gross Income | |
|---|---|
| Annual | $111,150 |
| Annual Per SF | $1.99 |
| Taxes | |
|---|---|
| Annual | $14,000 |
| Annual Per SF | $0.25 |
| Operating Expenses | |
|---|---|
| Annual | $13,400 |
| Annual Per SF | $0.24 |
| Total Expenses | |
|---|---|
| Annual | $27,400 |
| Annual Per SF | $0.49 |
| Net Operating Income | |
|---|---|
| Annual | $83,750 |
| Annual Per SF | $1.50 |
Property Facts
| Price | $1,675,000 | Property Subtype | Apartment |
| Price Per Unit | $335,000 | Building Class | B |
| Sale Type | Investment | Construction Status | Under Construction |
| Cap Rate | 5% | Building Size | 7,750 SF |
| No. Units | 5 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2026 |
| Price | $1,675,000 |
| Price Per Unit | $335,000 |
| Sale Type | Investment |
| Cap Rate | 5% |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Construction Status | Under Construction |
| Building Size | 7,750 SF |
| No. Stories | 2 |
| Year Built | 2026 |
Amenities
Site Amenities
- Picnic Area
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2.5 | 5 | $1,950 | 1,550 |
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Presented by
J. Thomas Homes
Ogden Towns | 711 350 E
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