Off Market

335 W 1300 N, Sunset, UT 84015

$53,750,000

206 bed · 286 bath · 260,000 sqft

Construction to begin late Spring 2022. This is an apartment community with 4 buildings that consist of 248 residential units, plus 3,500 sq. ft. of commercial space on the first floor of the two buildings on the main road. The buildings are 5 stories high. More than 50% of the units have balconies. Property amenities include a dog park, pool, splash pad, fitness room, and conference area/room. 25% construction deposit required prior to construction begins, builder to carry construction loan. 24-30 month build for the entire property to be completed. Majority of parking will be uncovered, but there are 28 covered parking spaces and the possibility to upgrade with awnings. CAP rate 5.32%. Fantastic location just 5 minutes to Hill AFB west gate!

Photos (2)

Listing courtesy of Maree Paul, KW South Valley Keller Williams.

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