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    193 Sage Crk Sage Creek Junction, UT 84064

    For Sale
    $4,500,000

    Six-unit multifamily investment opportunity

    Property size:
    41,217 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional six-unit apartment building, located at 193 W 4800 N in Randolph, Utah, presents a compelling investment opportunity. The property boasts a substantial 41,217 square feet of space, offering ample room for residents. Situated in Sage Creek Junction, within Rich County, this multifamily property is conveniently located at 84064 zip code. The asking price for this well-maintained building is $4,500,000. This represents a significant opportunity to acquire a stable, income-generating asset in a desirable location. The property's six units provide a solid foundation for immediate cash flow and potential for future appreciation. The building's size and layout offer flexibility for various management strategies. With its strategic location in Randolph, Utah, this property benefits from a growing community and a strong rental market. This is an excellent chance to acquire a turnkey multifamily investment in a thriving area. The property is being offered for sale by 500 East Properties, LLC, a Utah LLC. Detailed financial information and property specifics are available upon request. This is a rare opportunity to acquire a well-established multifamily property in a desirable location. Don't miss out on this chance to add a valuable asset to your investment portfolio.

    Property Features for 193 Sage Crk

    General Information

    Property type
    Multifamily properties
    Square Feet
    41,217 SF

    Building Details

    Units
    6

    HighLights

    • $4,500,000 asking price.
    • Multifamily apartment building.
    • 41,217 square feet.
    • Six (6) units.
    • Located at 193 W 4800 N, Randolph, UT 84064.
    • Sold by 500 East Properties, LLC.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Sage Creek Junction
    County
    Rich
    State
    Utah
    Longitude
    -111.1414226
    Latitude
    41.7629175

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    FAQs

    What type of property is this?
    Multifamily property - Six-unit multifamily investment opportunity
    Where is this multifamily property located?
    The property is located at 193 Sage Crk Sage Creek Junction, UT.
    What is the asking price?
    The asking price for this property is $4,500,000.
    What are key features of this property?
    This property features: $4,500,000 asking price.; Multifamily apartment building.; 41,217 square feet.
    Request Owner's contact information
    193 Sage Crk Sage Creek Junction, UT 84064
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    193 Sage Crk Sage Creek Junction, UT 84064
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