Multi-Family Building with Remodeled
For Sale
Contact for pricing
361 S 300 W Rd, Delta, UT 84624
8,800 SF multi-family building with nineteen remodeled units.
Property Size8,800 SF
Lot Size0.33 Acres
Price / SF$261.36
Days on Market1821
Property Features for 361 S 300 W Rd
General Information
Standard status
Active
Size
8,800 SF
Class
C
Lot size
0.33 Acres
Property subtype
Multifamily
Net Operating Income
$220,000
Building Details
Year Built
1979
Buildings
2
Stories
1
Units
19
Listing Agency:
cRc Nationwide
(801) 361-9798
Listed By:
Sam Christensen · License #UT 5504494-SA00
Source:
Crexi
Added: Aug 27, 2021
Changed: Aug 8
Last Checked: Aug 20 at 11:47AM
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 cRc Nationwide
Investment Insights
Based on property information with market context.
This 8,800 square foot multi-family building contains a total of nineteen units. Eleven units are one-bedroom apartments with 400 square feet of space each, and eight units are two-bedroom apartments with 500 square feet of space each. The units have been remodeled. The site size is 0.33 acres. On-site amenities include a laundry room and additional storage space. The property has nearby access to State Route 6. The Net Operating Income is $220,000.00, with a CAP Rate of 9.5%.
Key Highlights
- High 9.5% CAP Rate
- $220,000 Net Operating Income (NOI)
- Seller Financing Available
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
228
Businesses Nearby
Explore this area
Business Placement
Demographics for 84624, UT
5,836
Population
2,257
Households
2.6
Avg Household Size
34
Median Age
24%
College-Educated
95%
High-School Grad
297.5 sq mi
ZIP Area
20
Density / Sq Mi
$70,581
Median Household Income
$32,930
Median Earnings
$1,007
Median Rent
$259,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 8,800 SF multi-family building with nineteen remodeled units.
Where is this apartment building located?
The property is located at 361 S 300 W Rd Delta, UT.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: High 9.5% CAP Rate; $220,000 Net Operating Income (NOI); Seller Financing Available
