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16-Unit Short-Term Rental Condo Development
For Sale
$9,120,000

35 E 150 S, Garden City, UT 84028

MULTI_FAMILY - Other - Garden City, UT

Property Size26,480 SF
Lot Size1.87 Acres
Price / SF$344.41
Days on Market452

Property Features for 35 E 150 S

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Single-Family, Multi-Fami
Zoning description RES
Bedrooms 48
Bathrooms 48
Full bathrooms 48
Rooms Bedroom 44, Bedroom 27, Bedroom 1, Bedroom 18, Bedroom 35, Bedroom 45, Bathroom 21, Bedroom 3, Bathroom 16, Bathroom 44, Bathroom 39, Bedroom 21, Bathroom 34, Bedroom 11, Bathroom 27, Bedroom 17, Bathroom 25, Bathroom 4, Bathroom 13, Bathroom 6, Bedroom 7, Bedroom 30, Bathroom 19, Bedroom 13, Bedroom 9, Bedroom 31, Bathroom 28, Bedroom 10, Bathroom 18, Bedroom 41, Bedroom 37, Bathroom 24, Bedroom 2, Bedroom 25, Bedroom 26, Bedroom 40, Bedroom 33, Bedroom 34, Bedroom 4, Bathroom 40, Bathroom 47, Bedroom 39, Bathroom 33, Bathroom 2, Bathroom 29, Bathroom 41, Bedroom 48, Bedroom 43, Bathroom 45, Bedroom 19, Bedroom 32, Bedroom 20, Bathroom 3, Bedroom 24, Bedroom 12, Bathroom 23, Bathroom 46, Bathroom 43, Bathroom 11, Bathroom 8, Bathroom 7, Bathroom 20, Bathroom 12, Bathroom 1, Bedroom 16, Bedroom 42, Bathroom 5, Bathroom 9, Bedroom 36, Bathroom 35, Bathroom 31, Bathroom 48, Bedroom 5, Bathroom 26, Bathroom 30, Bedroom 29, Bathroom 37, Bathroom 10, Bathroom 42, Bedroom 46, Bathroom 17, Bathroom 15, Bedroom 23, Bedroom 47, Bedroom 28, Bathroom 38, Bedroom 15, Bedroom 22, Bedroom 8, Bedroom 6, Bathroom 22, Bathroom 32, Bedroom 14, Bedroom 38, Bathroom 14, Bathroom 36
Parking 32
Parking features Covered
Patio and Porch features Deck
Interior features Bar: Wet, Bath: Primary, Disposal, Dishwasher: Built-In
Exterior features Deck; Covered, Double Pane Windows, Secured Building, Sliding Glass Doors
Accessibility Accessible Elevator Installed
Subdivision WATERS EDGE
Lot features Curb & Gutter, Fenced: Part, Road: Paved, Sidewalks, Sprinkler: Auto- Full, Terrain: Grad Slope, View: Lake, View: Mountain, Drip Irrigation: Auto- Full
View Lake
Elementary school North Rich
Middle school Rich
High school Rich
Elementary school district Rich
Middle school district Rich
High school district Rich
Standard status Active
APN 41-21-403-0101
Size 26,480 SF
Lot size 1.87 Acres

Taxes and HOA fees

Tax Annual Amount 21472
HOA Fee $200 Annually

Utilities

Sewer type Public Sewer
Heating system Forced Air

Building Details

Year built 2025
Number of units 16
Flooring type Carpet, Tile
Building materials Stone, Stucco
Roof type Asphalt, Membrane
Architectural style Other
Listing Agency: Berkshire Hathaway HomeServices Elite Real Estate
Listed By: Matthew Garlick · License #8841755
Added: May 22, 2025 Changed: Aug 14 Last Checked: Aug 16 at 5:06PM
MLS# 2086827

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Investment Insights

Based on property information with market context.

This new short-term rental condo development is designed around a 16-condo configuration on a 1.87-acre site. The estimated completion timeline is August, with each unit planned as a 3-bedroom, 3-bathroom condo featuring approximately 1,655 square feet of living space. Interiors include a wet bar, built-in dishwasher, disposal, and forced-air heating. Exterior and building features include covered deck space, double pane windows, sliding glass doors, and a secured building.

The property is supported by public sewer and a roof system that includes asphalt and membrane materials. Construction materials noted are stone and stucco, with tile and carpet flooring throughout. Covered parking is provided, and accessibility is addressed with an accessible elevator installed.

Zoned for short-term rentals, the development is positioned for flexible day-to-day use consistent with a vacation-style lodging setup.

Key Highlights

  • Estimated completion in August for this 16‑unit short‑term rental condo development
  • 1.87‑acre site with 26,480 SF total property size
  • Each condo planned as a 3‑bedroom, 3‑bathroom layout with 1,655 SF

Property Analytics

Current Use

Short term rental ...

Lease Details

16
Residential units

Location Intelligence

Trade Area within ½ mile

217
Businesses Nearby

Demographics for 84028, UT

955
Population
2,182
Households
0.4
Avg Household Size
42
Median Age
27%
College-Educated
87%
High-School Grad
48.9 sq mi
ZIP Area
20
Density / Sq Mi
$41,964
Median Household Income
$27,850
Median Earnings
$813
Median Rent
$527,300
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Short term rental property - New condo development zoned for short-term rentals with secured building access and an accessible elevator.
Where is this short term rental property located?
The property is located at 35 E 150 S Garden City, UT.
What is the asking price?
The asking price for this property is $9,120,000.
What are key features of this property?
This property features: Estimated completion in August for this 16‑unit short‑term rental condo development; 1.87‑acre site with 26,480 SF total property size; Each condo planned as a 3‑bedroom, 3‑bathroom layout with 1,655 SF
More about this property
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