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    225 Bristlecone Ct Tooele, UT 84074

    For Sale
    $799,900

    Shovel-ready multifamily investment opportunity.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This fully entitled, permit-ready 8-unit apartment building in Tooele, Utah, presents a unique investment opportunity. Situated on a one-acre lot at 225 N Bristlecone Ct, 84074, this property boasts secured water rights and is ready for immediate construction. The project is ideally positioned to capitalize on anticipated increased buyer demand in 2025. Each unit is designed for maximum versatility, suitable for both rental and sale markets. The asking price is $799,900, and seller financing may be considered with a suitable offer and substantial down payment. This is a turnkey project; investors can utilize their own builder or engage a pre-selected contractor to expedite the development process. The property's prime Tooele location ensures strong potential for rental income or resale value. This is an exceptional chance to add a high-yield asset to any investment portfolio. The property is ready to break ground, eliminating lengthy entitlement and permitting delays. Don't miss this chance to secure a promising investment in a thriving Utah market.

    Property Features for 225 Bristlecone Ct

    General Information

    Property type
    Multifamily properties
    Lot Size
    43,560 SF

    Building Details

    Units
    8

    HighLights

    • $799,900 asking price.
    • Multifamily apartment building.
    • Eight units.
    • One‑acre lot.
    • Broker co‑op available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Tooele
    County
    Tooele
    State
    Utah
    Longitude
    -112.29181258422
    Latitude
    40.535359384227

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    FAQs

    What type of property is this?
    Multifamily property - Shovel-ready multifamily investment opportunity.
    Where is this multifamily property located?
    The property is located at 225 Bristlecone Ct Tooele, UT.
    What is the asking price?
    The asking price for this property is $799,900.
    What are key features of this property?
    This property features: $799,900 asking price.; Multifamily apartment building.; Eight units.
    Request Owner's contact information
    225 Bristlecone Ct Tooele, UT 84074
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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
    225 Bristlecone Ct Tooele, UT 84074
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