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31536208
31536209

338 E 200 S, Clearfield, UT 84015 For Sale

Rescom Real Estate Managment
Listed by Rescom Real Estate Managment
$1,174,000
102 days on market
Updated 52 days ago
Opportunity zone

Wasatch Apartments

Details
APN 12-003-0061
Property Type Multifamily
Sub Type Apartment Building
Square Footage 6,900
Units 8
Cap Rate 6.15%
NOI $72,158
Occupancy 100%
Price per SqFt $170
Year Built 1951
Buildings 2
Stories 2
Acreage 0.400
Zoning Multi-Family
Sale Condition 1031 exchange

Multifamily | 8 Units | $146,750/unit

Marketing description

This offering includes two fourplexes (8 units total). Each unit features well-maintained hardwood flooring, spacious living areas, and generously sized bedrooms. All units have updated windows, and the roofs on both buildings have been replaced. The property boasts a strong rental history and is 100% occupied at the time of listing. Each unit includes a 1-car garage and radiant heat. A shared coin-operated laundry is located in the basement and available to all residents. The sale includes Parcel #12-003-0062 and Parcel #12-003-0061.

Listing Contacts

Rescom Real Estate Managment
Listed by Rescom Real Estate Managment

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$72,158.00
$6,013.17/mo

Valuation Metrics

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DSCR
6.15%
Cap Rate
6.15%
ROI

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