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36 W 1600 N, Sunset, UT 84015

$3,999,000

36 W 1600 N, Sunset, UT 84015

Price Reduced! You can't build for this price. All but one unit is occupied. Now is your chance to invest in the growing city of Sunset. Brand New 18 unit apartment building. 6 2 bed, 1 bath. 12 1 bed, 1 bath. NOI projected at $280,769 . 7% cap rate. Modern units with granite counter-tops and lvp flooring. Laundry room in all units. All separately metered. 17 of 18 units rented. Seller is willing to do Seller Financing at 5% interest with a minimum of 20% down and a 2 to 5 year balloon.

Year built2025
Lot size0.42 acres
Stories0
TypeHotel/Motel
Annual taxes$2,318
CountyDavis County
MLS #2158029
Days on market177

Photos (28)

36 W 1600 N, Sunset, UT 84015, photo 236 W 1600 N, Sunset, UT 84015, photo 336 W 1600 N, Sunset, UT 84015, photo 436 W 1600 N, Sunset, UT 84015, photo 536 W 1600 N, Sunset, UT 84015, photo 636 W 1600 N, Sunset, UT 84015, photo 736 W 1600 N, Sunset, UT 84015, photo 836 W 1600 N, Sunset, UT 84015, photo 936 W 1600 N, Sunset, UT 84015, photo 1036 W 1600 N, Sunset, UT 84015, photo 1136 W 1600 N, Sunset, UT 84015, photo 12

Listing courtesy of Mandi Lee, Coldwell Banker Realty (South Ogden).

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