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8-Unit Apartment Building with Updates
For Sale
$1,200,000

106 W 250 S, Wellington, UT 84542

Well-maintained apartment property with renovated interiors, refreshed exterior finishes, and tenant-paid electric and gas accounts.

Property Size4,352 SF
Price / SF$275.74
Days on Market11

Property Features for 106 W 250 S

General Information

Standard status Active
Size 4,352 SF
Property subtype Multi-Family

Financials

Asking Price $2,200,000
Average Monthly Rent $850

Additional Details

Multifamily Units 16

Building Details

Year Built 1973
Buildings 4
Listing Agency: RE/MAX Bridge Realty
Listed By: Carla Saccomano, Bailey D Saccomano
Source: Buysalty
Added: Aug 20 Changed: Aug 28 Last Checked: Aug 29 at 11:40AM

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 RE/MAX Bridge Realty

Investment Insights

Based on property information with market context.

Built in 1973, this 8-unit apartment property occupies 0.80 acres and contains approximately 4,352 square feet. The improvements include a newer stucco exterior and an asphalt driveway. Interior work completed within the past 3 years includes fresh paint, new carpeting, select cabinet upgrades, and 8 Central Air Units. Washers and dryers are tenant-owned.

Residents reimburse the owner’s property manager for Wellington City water and garbage services, while Rocky Mountain Power and Enbridge Gas accounts are maintained in tenants’ names. The property is located at 106 W 250 S in Wellington, Utah.

Key Highlights

  • 8‑unit apartment property on 0.80 acres
  • Approximately 4,352 SF with 1973 construction
  • 8 units updated within the past 3 years

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Electrical Service Auto Parts Store Pet Grooming Service Law Firm Real Estate Agency Hotel & Motel

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

Lease Details

16
Residential units

Location Intelligence

Trade Area within ½ mile

45
Businesses Nearby

Demographics for 84542, UT

1,629
Population
691
Households
2.4
Avg Household Size
36
Median Age
13%
College-Educated
90%
High-School Grad
16.4 sq mi
ZIP Area
99
Density / Sq Mi
$58,807
Median Household Income
$29,167
Median Earnings
$868
Median Rent
$173,100
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 - Well-maintained apartment property with renovated interiors, refreshed exterior finishes, and tenant-paid electric and gas accounts.
Where is this apartment building located?
The property is located at 106 W 250 S Wellington, UT.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 8‑unit apartment property on 0.80 acres; Approximately 4,352 SF with 1973 construction; 8 units updated within the past 3 years
More about this property
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