Building Details

Building Size 277,922 SF

Year Built 2024

Stories 2

Tenancy Multi

Listing Agency: Real Estate Exchange, Inc. Show Phone

Listed By: Candice Kunz Show Phone

Source: Liftrealty

Added: Jun 22 Changed: Sep 11 Last Checked: Sep 12 at 6:31AM

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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 Real Estate Exchange, Inc.

Investment Insights

Based on property information with market context.

Turnkey 16-unit building featuring new two-story townhouse units that are individually platted. Each unit includes a master suite with three bedrooms and two baths, with a second-story great room and kitchen, plus a deck or patio. The property also offers two-car garages for the units. Units are currently rented at $1,950 per month per unit, and the seller notes a $150 per month HOA that includes water, sewer, garbage, and road maintenance.

The property address is 2925 S HWY 89 E in Perry, UT 84302, and the units offer views of the lake. The building is structured to support ownership of multiple unit combinations, including options to buy two units, three units, or up to the full 16 units for sale.

Key Highlights

• New 2024‑built 16‑unit, 2‑story townhouse community with individual platted units
• Each unit includes a master suite plus 3 bedrooms and 2 baths, with a great room and kitchen on the second story
• Deck or patio for each unit, plus lake views

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Hair Salon Auto Repair Shop Restaurant Parking Lot & Garage Building Supply

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

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

90

Businesses Nearby

Explore this area Business Placement

Demographics for 84302, UT

26,564

Population

9,355

Households

2.8

Avg Household Size

34

Median Age

30%

College-Educated

93%

High-School Grad

79.5 sq mi

ZIP Area

334

Density / Sq Mi

$75,247

Median Household Income

$39,468

Median Earnings

$957

Median Rent

$343,100

Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022

7.8% 2023

8.6% 2024

8.6% 2025

Questions? Ask Rey

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What type of property is this? Where is this apartment buildings located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Apartment building - Turnkey 16-unit two-story townhouse community with deck or patio areas, two-car garages, and lake views.

Where is this apartment building located?

The property is located at 2925 S HWY 89 E Perry, UT.

What is the asking price?

The asking price for this property is $5,600,000.

What are key features of this property?

This property features: New 2024‑built 16‑unit, 2‑story townhouse community with individual platted units; Each unit includes a master suite plus 3 bedrooms and 2 baths, with a great room and kitchen on the second story; Deck or patio for each unit, plus lake views