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12-Unit Apartment Building
New
For Sale
$2,589,000

819 W 50 N, Richfield, UT 84701

Month-to-month leases provide flexibility in managing the residential units.

Property Size13,800 SF
Price / SF$187.61
Days on Market4

Property Features for 819 W 50 N

General Information

Standard status Active
Size 13,800 SF
Property subtype Multi-Family
Occupancy 100%

Additional Details

Average Monthly Rent $1,041
Multifamily Units 12

Amenities

community orchard
horseshoe pits
barbecue area

Building Details

Year Built 2008
Buildings 1
Listing Agency: Better Homes And Gardens Real Estate Momentum
Listed By: The One Group Utah
Source: Theonegrouputah
Added: Sep 24 Changed: Sep 26 Last Checked: Sep 26 at 6:55AM

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 Better Homes And Gardens Real Estate Momentum

Investment Insights

Based on property information with market context.

This 12-unit apartment property contains 13,800 square feet and was built in 2008. Occupancy is 100%, and all leases are month-to-month. A shared outdoor area includes fruit trees, horseshoe pits, and a barbecue space.

The property is near Snow College’s Richfield campus at 819 W 50 N in Richfield, Utah. It is one of two available buildings; each contains 12 units, and the properties may be purchased individually or together.

Key Highlights

  • 12 apartment units within 13,800 square feet
  • Built in 2008
  • 100% occupancy

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Big Box & Wholesale Store Skin Care Clinic HVAC Service Barber Shop

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

12
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

93
Businesses Nearby

Demographics for 84701, UT

8,883
Population
3,345
Households
2.7
Avg Household Size
33
Median Age
23%
College-Educated
92%
High-School Grad
229.1 sq mi
ZIP Area
39
Density / Sq Mi
$77,532
Median Household Income
$34,421
Median Earnings
$855
Median Rent
$296,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Month-to-month leases provide flexibility in managing the residential units.
Where is this apartment building located?
The property is located at 819 W 50 N Richfield, UT.
What is the asking price?
The asking price for this property is $2,589,000.
What are key features of this property?
This property features: 12 apartment units within 13,800 square feet; Built in 2008; 100% occupancy
More about this property
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