PROPERTY DETAILS
The home for sale at 185 E 400 N Spanish Fork, UT 84660 has been listed at $8,000,000 and has been on the market for 631 days.
NOI $465,717, 5.82% cap rate. Offered is a premium 36 unit multi-fam asset built in 2020, stabilized and ready to perform with low hassle and maintenance for years to come! Two story building with extra wide climate controlled interior hallways, common interior leisure area with historical elements to the old Rees School. Details and finishes that well exceed the standard for comparable properties. Abundant parking including 18 covered spaces and 18 detached garages, 84 total spaces plus on street. Fiber optic internet in each unit thats hardwired into all rooms. All utility room access is from common hall. Expansive courtyard style green space with pavilion. Smart camera system and smart eco friendly landscape irrigation. Property has a 81 walk score, two minutes from I15, shopping and restaurants. Floor drains in each laundry room. Extra revenue from garage units, covered parking, premium unit features, direct courtyard access and amenity fee. . Full financials and disclosures available upon qualified request. Please call with any questions. Property website is rees.apartments for additional info.
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General Information
-
Price
$8,000,000
-
Days on Market
631
-
Area
Sp Fork; Mapleton; Benjamin
-
Total Bedrooms
57
-
Total Bathrooms
56
-
House Size
40381 Sq Ft
-
Neighborhood
-
Address
185 E 400 N Spanish Fork, UT 84660
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HOA
NO
-
Lot Size
2.04
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Price/sqft
198.11
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Year Built
2020
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MLS
1751942
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Garage
18 car garage
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Status
Under Contract
-
City
-
Term Of Sale
Cash,Conventional
Inclusions
- Alarm System
- Ceiling Fan
- Refrigerator
Interior Features
- Alarm: Fire
- Disposal
- Dishwasher: Built-In
Building and Construction
- Roof: Membrane
- Exterior:
- Construction: Brick,Stucco
- Foundation Basement: d d
Garage and Parking
- Garage Type: No
- Garage Spaces: 18
- Carport: 1
Land Description
- Corner Lot
- Sprinkler: Auto-Full
- Terrain
- Flat
- View: Mountain
LOVE THIS HOME?
Schedule a showing or ask a question.
Lance and Jennnifer
Goddard
801-410-7917
Lance and Jennnifer
Goddard
801-410-7917
Other Property Info
- Area: Sp Fork; Mapleton; Benjamin
- Zoning: Multi-Family
- State: UT
- County: Utah
- This listing is courtesy of: Trent Beesley Harward & Associates Real Estate LLC. 801-377-5600.
Utilities
Natural Gas Connected
Electricity Connected
Sewer: Public
Water Connected
Schools
- Highschool: Spanish Fork
- Jr High: Spanish Fork Jr
- Intermediate: Spanish Fork Jr
- Elementary: Park
This data is updated on an hourly basis. Some properties which appear for sale on
this
website
may subsequently have sold and may no longer be available. If you need more information on this property please email info@blgrealestate.com with the MLS number 1751942.
PUBLISHER'S NOTICE: All real estate advertised herein is subject to the Federal Fair
Housing Act
and Utah Fair Housing Act,
which Acts make it illegal to make or publish any advertisement that indicates any
preference,
limitation, or discrimination based on race,
color, religion, sex, handicap, family status, or national origin.
Lance and Jennifer
Goddard
801-410-7917
