Listed by Newmark Mountain West
$4,100,000
Meadow Park Townhomes
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 16,000
Units 16
Cap Rate 4.82%
NOI $197,658
Occupancy 100%
Price per SqFt $256
Broker Co-Op Yes
Class B
Year Built 1970
Year Renovated 2023
Buildings 2
Stories 2
Parking Spaces 1 spaces
Parking per 1,000 SqFt 0.06
Investment Type Stabilized
3.8% FHA Assumable Loan in place. Room for increased rents and upside.
Marketing description
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
Listing Contacts
Listed by Newmark Mountain West
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$197,658.00
$16,471.50/mo
Valuation Metrics
0
DSCR
4.82%
Cap Rate
4.82%
ROI
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Property History
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