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Wellington Multifamily Investment Opportunity
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102 W 250 S, Price, UT 84501

Multifamily property on 0.80 acres with strong rental income.

Property Size8,704 SF
Lot Size0.80 Acres
Price / SF$252.76
Days on Market182

Property Features for 102 W 250 S

General Information

Standard status Active
Size 8,704 SF
Total Parking Spaces 2
Lot size 0.80 Acres
Property subtype Multifamily
Zoning Multi

Building Details

Year Built 1973
Units 4
Listing Agency: Bridge Realty
Listed By: Carla Saccomano · License #UT-5979700
Source: Crexi
Added: Feb 20 Changed: Aug 8 Last Checked: Aug 20 at 9:57PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bridge Realty

Investment Insights

Based on property information with market context.

This multifamily investment opportunity is located in Wellington on a 0.80-acre lot. The property features a stucco exterior and an asphalt driveway. The units generate rental income, with each unit renting for $850 per month. Tenants also pay $110 per month in utility reimbursement to the property manager for water and garbage. Tenants are responsible for their own Rocky Mountain Power and Enbridge Gas accounts. Eight units have been updated within the past 3 years, including new carpet, fresh interior paint, updated cabinets in select units, and 8 central air units. Washer and dryers are tenant-owned. The property offers stabilized cash flow with completed exterior and interior updates. The square footage is 8704 and is provided as a courtesy estimate only and was obtained from Carbon County.

Key Highlights

  • Strong rental income with room for long‑term appreciation.
  • 8 units have received updates within the past 3 years, including carpet, paint, cabinets, and central air.
  • Tenants pay for most utilities, reducing owner's expenses.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Electrical Service HVAC Service (Bike/Boat/Book/etc) Store Skin Care Clinic Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

672
Businesses Nearby

Demographics for 84501, UT

13,111
Population
5,459
Households
2.4
Avg Household Size
37
Median Age
20%
College-Educated
93%
High-School Grad
215.6 sq mi
ZIP Area
61
Density / Sq Mi
$53,256
Median Household Income
$30,709
Median Earnings
$840
Median Rent
$212,900
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Apartment building - Multifamily property on 0.80 acres with strong rental income.
Where is this apartment building located?
The property is located at 102 W 250 S Price, UT.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Strong rental income with room for long‑term appreciation.; 8 units have received updates within the past 3 years, including carpet, paint, cabinets, and central air.; Tenants pay for most utilities, reducing owner's expenses.
(435) 650-9737 Call to check price and availability
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