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32011550
32011551

Sawmill Boulevard, Heber City, UT 84032

CW
UT 14202517-SA00
$4,450,000
46 days on market
Updated 20 days ago

Sawmill 10-Unit Condo Complex

Details
Property Type Multifamily
Sub Type Apartment Building, Condo building
Square Footage 18,000
Units 1
Cap Rate 5.45%
Occupancy 92%
Pro-Forma Cap Rate 5.45%
Pro-Forma NOI $242,324
Class A
Year Built 2024
Buildings 1
Acreage 0.100
Parking Spaces per unit

92% Occupancy | Great Location | Year-Round Appeal

Marketing description

Opportunity awaits in this luxurious 10-unit condo building nestled in the ever-growing Heber Valley. Each unit has 3 beds, 2 baths, 1 patio and unlimited possibilities. Each has its own pre-wired electric car garage so you can charge your vehicle every night while you recharge yourself as you sprawl out and enjoy a spacious open floor plan and modern kitchen for entertaining. Each unit has upgraded cabinetry, countertops, and flooring. Once you're recharged and ready to explore, you can enjoy some of the greatest outdoor recreation in the state such as: golfing, hiking, fishing, skiing, and more. HOA inlcudes 1GB internet, snow removal, water, trash, sewer, lawn maintenance, and HOA insurance. Schedule a tour today and experience sophisticated living. Square footage figures are provided as a couresty estimate only and were obtained from building plans. Buyer is advised to obtain an independent measurement. First floor is ADA.

Investment highlights

Potential for a 10-year master lease agreement, providing guaranteed occupancy and stabilized cash flow.

Community amenities, once completed, are expected to enhance property value and tenant appeal.

Listing Contacts

CW
UT 14202517-SA00

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Additional Information

Name
Cory Webber
License
14202517-SA00
Brokerage
Nudge Real Estate
Brokerage Phone
8017357182
Title
Real Estate Agent
Brokerage Address
980 East 800 North
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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