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WILL LOOK AT ALL OFFERS*****DO NOT DISTURB TENANTS! Previous Buyer financing fell through. Fabulous Investment Opportunity In The Marmalade District! This 12 Unit Complex Offers 11 One Bedroom, One Bathroom Units W/Laundry Hook-Ups & 1 Studio. Note- 9/12 units have laundry. New roof with warranty installed 2018, 2 new 100 gallon water heaters. Price Per Unit Is $200,000. Rents Are Currently Under Market. Information Provided Is Based On Proforma With A CAP Rate Of 4.3% Underwritten At 35%. Subject To 1031 Exchange. See Attached Documents For More Info. Reach out for potential assumable loan at 4.3%!! Buyer To Verify All Information* MAKE OFFERS SUBJECT TO INSPECTION
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Courtesy of: KW Utah Realtors Keller Williams