Remodeled 14-Unit Apartment
For Sale
Contact for pricing
Pending
718 - 818 Orchard Drive, Bountiful, UT 84010
Fourteen-unit apartment complex with recent unit remodels and washer/dryer hookups across all units.
Property SizeContact for details
Days on Market151
Property Features for 718 - 818 Orchard Drive
General Information
Standard status
Pending
Property subtype
Multifamily
Additional Details
Multifamily Units
14
Listing Agency:
Equity Real Estate - Buckley-Branch
Listed By:
Matthew Dean · License #UT 9369428
Source:
Crexi
Added: Apr 10
Changed: Aug 14
Last Checked: Sep 7 at 10:20AM
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 - Buckley-Branch
Investment Insights
Based on property information with market context.
This 14-unit apartment complex offers remodeled living units and well-maintained common systems. The seller recently remodeled 9 of the 14 units within the last three years and has invested over $180,000 in improvements including new swamp coolers, A/C condensers, remodeling, windows, roofs, and ongoing maintenance. All units include washer/dryer hookups. Cooling and HVAC vary by unit, with 2 units having A/C, 7 units using swamp coolers, and 5 basement units using window cooler units. The property also includes basement storage space of about 700 square feet that could be used to generate additional rental income.
The complex is located on Orchard Drive in East Bountiful, UT. The owner pays the gas bill for 13 of the 14 units, and the property has three gas meters serving the premises.
As-IS sale. The transaction includes an assumable note option for 4% from the original builder/owner that is in the first position; the remaining balance on the trust deed note is $621,622.48 and will be paid off on 12/30/2037. Seller is not open to carrying the trust deed note on the remaining balance. Buyer is advised to obtain an independent measurement, and tenants must not be disturbed.
The complex is located on Orchard Drive in East Bountiful, UT. The owner pays the gas bill for 13 of the 14 units, and the property has three gas meters serving the premises.
As-IS sale. The transaction includes an assumable note option for 4% from the original builder/owner that is in the first position; the remaining balance on the trust deed note is $621,622.48 and will be paid off on 12/30/2037. Seller is not open to carrying the trust deed note on the remaining balance. Buyer is advised to obtain an independent measurement, and tenants must not be disturbed.
Key Highlights
- 14‑unit apartment complex in East Bountiful, UT with washer/dryer hookups in all units
- Owner remodeled 9 of the 14 units within the last 3 years; seller reports $180,000+ spent on improvements
- Assumable/ seller‑financed note at 4%: remaining trust deed balance $621,622.48 paid off 12/30/2037 (first position)
Property Analytics
Property Profile
Current Use
Lease Details
14
Residential units
Location Intelligence
Trade Area within ½ mile
1,116
Businesses Nearby
Explore this area
Business Placement
Demographics for 84010, UT
48,439
Population
16,103
Households
3
Avg Household Size
35
Median Age
46%
College-Educated
98%
High-School Grad
38.0 sq mi
ZIP Area
1,275
Density / Sq Mi
$102,038
Median Household Income
$45,472
Median Earnings
$1,458
Median Rent
$486,000
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Fourteen-unit apartment complex with recent unit remodels and washer/dryer hookups across all units.
Where is this apartment building located?
The property is located at 718 - 818 Orchard Drive Bountiful, UT.
What are key features of this property?
This property features: 14‑unit apartment complex in East Bountiful, UT with washer/dryer hookups in all units; Owner remodeled 9 of the 14 units within the last 3 years; seller reports $180,000+ spent on improvements; Assumable/ seller‑financed note at 4%: remaining trust deed balance $621,622.48 paid off 12/30/2037 (first position)
