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31844614
31844612

152 North 400 East Street, Santaquin, UT 84655

NI
UT 11328605-pb
Southern Utah Luxury, Inc
Listed by Southern Utah Luxury, Inc
$1,525,000
38 days on market
Updated 38 days ago

152 North 400 East Santaquin, UT

Details
Property Type Multifamily
Sub Type Student Housing, Single Family Rental Portfolio (+1)
Square Footage 7,830
Units 5
Tenancy Vacant
Pro-Forma Cap Rate 5.80%
Class A
Year Built 2026
Buildings 1
Zoning Multi Family Residential
Parking Spaces 2 per unit
Investment Type Value Add
Ground Lease No
Sale Condition N/A

New Construction Townhome Building- 7,830 SF

Marketing description

We are pleased to present an exclusive opportunity to acquire newly constructed townhome building in Santaquin, Utah. This offering includes one building, a 5-unit configuration, providing investors with a flexible acquisition opportunity in a rapidly growing market. The first building is set for completion in four months.

Each townhome feature 2-bedroom, 1.5-bath layouts with unfinished basements, offering a clear value-add opportunity to add a third bedroom and additional full bathroom. This built-in expansion potential allows investors to increase rental income and overall asset value over time.

The property offers a variety of community amenities, including pickleball courts, a pavilion, benches, and a playground, creating an inviting outdoor environment for residents. Each unit is also provided with one covered parking space and one additional uncovered parking spot, ensuring convenient and accessible parking options.

The property is located just one minute off I-15 and directly behind Macey’s, giving convenient access to daily essentials. Residents benefit by staying out of the big cities while still being a short 20-25 min drive to employment and education hubs, such as BYU and UVU.

Santaquin is experiencing strong population and economic growth, positioning this asset as an excellent opportunity for investors seeking new construction, scalability, and long-term appreciation in an emerging submarket. Additionally, there may be an opportunity to acquire additional buildings in the future, allowing investors to expand their portfolio within the same development.

Investment highlights

-Self Manage or hire a property manager.

-Townhomes are 1 minute or less from I-15.

-Santaquin offers attainable housing within Utah County, supporting strong renter demand from residents seeking affordability in the region.

Listing Contacts

NI
UT 11328605-pb
Southern Utah Luxury, Inc
Listed by Southern Utah Luxury, Inc

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Additional Information

Name
Madilyn DeGraffenried
License
11825763SA00
Brokerage
Luxury Group
Title
Broker of Record
Name
Natasha Isom
License
11328605-pb
Brokerage Phone
4357054990
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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