361 S 300 W Rd, Delta, UT 84624

Building Details

Year Built

1979

Listing office cRc Nationwide Show Phone

Listing date Aug 27, 2021

Source Crexi

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Overview

This 8,800 square foot multi-family building contains a total of nineteen units. Eleven units are one-bedroom apartments with 400 square feet of space each, and eight units are two-bedroom apartments with 500 square feet of space each. The units have been remodeled. The site size is 0.33 acres. On-site amenities include a laundry room and additional storage space. The property has nearby access to State Route 6. The Net Operating Income is $220,000.00, with a CAP Rate of 9.5%.

Suggested Use

Real Estate Agency Skin Care Clinic Bar & Pub Garden Center Electrical Service Furniture & Home Goods (Bike/Boat/Book/etc) Store Bakery Barber Shop Shopping Center & Mall

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Delta

County

Millard

State

Utah

Longitude

-112.5812246

Latitude

39.3464853

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FAQs

What type of property is this?

Apartment building - 8,800 SF multi-family building with nineteen remodeled units.

Where is this apartment building located?

The property is located at 361 S 300 W Rd Delta, UT.

What is the asking price?

The asking price for this property is $2,300,000.

What are key features of this property?

This property features: High 9.5% CAP Rate; $220,000 Net Operating Income (NOI); Seller Financing Available