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9786 Aaron Ave Eagle Mountain, UT 84005

Sponsored
For Sale
$3,138,000

Eagle Mountain, UT rental income opportunity

Property size:
2,104 SF

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional investment opportunity presents a portfolio of seven, brand-new (2022) three-bedroom townhomes in the desirable gated community of Spring Run Townhomes, Eagle Mountain, Utah. Each unit boasts spacious floor plans (2,104 - 2,584 sq ft), featuring vaulted great rooms with expansive windows, large closets, granite or quartz countertops, stainless steel appliances, and luxury vinyl plank/tile flooring. Exterior amenities include large decks, walkout basements, landscaped backyards, and a future community pool and clubhouse. The property offers a 4.98% cap rate with a current NOI of $156,159. Currently, 15% occupancy allows for significant upside potential. All units include two-car garages and two additional exterior parking spaces. The community provides fiber internet, gated entrances, guest parking, and full landscaping. This prime location is within five minutes of major retailers (Costco, Walmart, Home Depot) and ten minutes from Silicon Slopes employment centers, and near the Ranches Golf Course. Individual unit rents range from $2100 to $2400 per month, with the asking price for the entire portfolio at $3,138,000 ($448,286 per unit). The seller is open to offers on individual units or combinations of units. Taxes, management, and HOA dues are paid by the landlord

Property Features for 9786 Aaron Ave

General Information

Property type
Multifamily properties
Square Feet
2,104 SF

Building Details

Year Built
2022
Units
7

HighLights

  • Existing property management can be retained or replaced by the new owner.
  • All units include two‑car garages.
  • Taxes, property management fees, and HOA dues are paid by the landlord; tenants cover all utilities and renter's insurance.
  • Purchase options include all seven properties or any combination thereof (pricing for less than seven units available upon request).
  • Monthly rents: 9776 N. Aaron Ave ($2100, 3 bed/3 bath, 2104 sq ft, finished basement); 9777 N. Aaron Ave ($2300, 3 bed/3 bath, 2466 sq ft); 9781 N. Aaron Ave ($2300, 3 bed/3 bath, 2446 sq ft); 9786 N. Aaron Ave ($2250, 3 bed/3 bath, 2269 sq ft, finished basement); 9787 N. Aaron Ave ($2400, 3 bed/3 bath, 2584 sq ft); 9807 N. Aaron Ave ($2300, 3 bed/3 bath, 2466 sq ft); 9811 N. Aaron Ave ($2300, 3 bed/3 bath, 2446 sq ft).
Property Profile Location Intelligence

Current Use by Public Records

Residential income homes

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Eagle Mountain
County
Utah
State
Utah
Longitude
-111.9773217
Latitude
40.3882605

FAQs

What type of property is this?
Multifamily property - Eagle Mountain, UT rental income opportunity
Where is this multifamily property located?
The property is located at 9786 Aaron Ave Eagle Mountain, UT.
What is the asking price?
The asking price for this property is $3,138,000.
What are key features of this property?
This property features: Existing property management can be retained or replaced by the new owner.; All units include two-car garages.; Taxes, property management fees, and HOA dues are paid by the landlord; tenants cover all utilities and renter's insurance.
More about this property
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