4-Unit Brick
New
For Sale
$679,000
5619 S 2200 W, Roy, UT 84067
Hardwood and tile flooring runs throughout the residences, with laundry facilities in each unit.
Property Size4,904 SF
Price / SF$138.46
Days on Market2
Property Features for 5619 S 2200 W
General Information
Standard status
Active
Size
4,904 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
4
Amenities
stack washer/dryer
central air
hardwood floors
tile
walk in showers
tubs
zeroscaped yard
Building Details
Year Built
1960
Construction
brick
Listing Agency:
Equity Real Estate
Listed By:
The Evans Team
(385) 335-0618
Source:
Evansteamutah
Added: Oct 23
Last Checked: Oct 23 at 4:58AM
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 Equity Real Estate
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Investment Insights
Based on property information with market context.
This 4,904-square-foot quadplex was built in 1960 and has a brick exterior beneath a metal roof. Interior finishes include hardwood and tile flooring. The property also has central air units and updated electrical boxes.
Laundry is provided in all four residences. Three units have stack washer-and-dryer setups, while the unit identified as 5617 has its laundry area downstairs. Two residences have walk-in showers, and the other two are equipped with tubs. The grounds feature a low-maintenance, zeroscaped yard.
Laundry is provided in all four residences. Three units have stack washer-and-dryer setups, while the unit identified as 5617 has its laundry area downstairs. Two residences have walk-in showers, and the other two are equipped with tubs. The grounds feature a low-maintenance, zeroscaped yard.
Key Highlights
- 4,904‑square‑foot quadplex built in 1960
- Brick exterior with metal roof
- Updated electrical boxes and central air units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,464
Cap Rate
7.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$969,280
$969.3K
Cap Rate 7%
$692,343
$692.3K
Cap Rate 9%
$538,489
$538.5K
Market Conditions
NOI Build-Up for 4,904 SF
Gross rent
$76.5K $15.60/SF
− Vacancy
−$7.3K −$1.48/SF
EGI
$69.2K $14.12/SF
− OpEx
−$20.8K −$4.24/SF
NOI
$48.5K $9.88/SF
Area
Weber County, UT
Vacancy
9.50%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$969,280
Cap Rate 7%
$692,343
Cap Rate 9%
$538,489
Alternative Uses
Best Use
Multifamily LT 5
$692.3K
$605.8K – $807.7K
NOI $48,464 @ 7.0% cap · market cap 7.14%
Second Best
Apartment 5plus
$603.4K
$528.0K – $704.0K
NOI $42,238 @ 7.0% cap · market cap 6.22%
Theoretical Best
Office A
$1.13M
$989.7K – $1.32M
NOI $79,175 @ 7.0% cap · market cap 11.66%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
565
Businesses Nearby
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Business Placement
Demographics for 84067, UT
39,194
Population
13,425
Households
2.9
Avg Household Size
32
Median Age
23%
College-Educated
93%
High-School Grad
8.2 sq mi
ZIP Area
4,780
Density / Sq Mi
$90,918
Median Household Income
$42,987
Median Earnings
$1,557
Median Rent
$350,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Hardwood and tile flooring runs throughout the residences, with laundry facilities in each unit.
Where is this quadplex located?
The property is located at 5619 S 2200 W Roy, UT.
What is the asking price?
The asking price for this property is $679,000.
What are key features of this property?
This property features: 4,904‑square‑foot quadplex built in 1960; Brick exterior with metal roof; Updated electrical boxes and central air units
