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Property profile & analytics
OFF-MARKET
Commercial real estate

3378 Washington Blvd Ogden, UT 84401

Built 2024
Entity Owned 2-yr Hold
Property ID
US86-0299304
Property summary
AI-generated overview

This exceptional Class A, 26-unit apartment building, completed in 2024, presents a compelling investment opportunity in Ogden, Utah's thriving market. Located at 3378 Washington Blvd, Ogden, UT 84401, this property boasts premium finishes and a contemporary design, attracting high-quality tenants. Each unit features dedicated storage, offering potential for additional rental income. The building's strategic location within the rapidly expanding Ogden-Clearfield region benefits from a robust job market and proximity to key retail and healthcare services, ensuring sustained rental demand. Priced at $5,800,000 ($223,000 per unit), this multifamily investment offers attractive pricing within a high-growth area poised for continued economic expansion. The property's modern amenities and durable construction contribute to long-term value and appeal, making it an excellent choice for investors seeking strong returns. This is a turnkey opportunity in a dynamic market with significant upside potential. The property is situated in Weber County and offers a compelling combination of modern design, prime location, and strong market fundamentals. The dedicated storage in each unit provides a unique opportunity to enhance rental income and tenant satisfaction.

Property profile
Verified
Property type Commercial real estate
Year built 2024
UPID US86-0299304
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Blink Charging Station Electric Vehicle Charging Station
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
The Lofts On 34th LLC · 2 yrs held
The Lofts On 34th LLC
since 2023
5 recorded transactions
2023
Price N/A
2022
Price N/A
2019
Price N/A
2019
Price N/A
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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