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    OFF-MARKET
    Residential income homes

    7484 2300, Cottonwood Heights, UT 84121

    14,656 SF 0.41 ac lot Built 2004
    Property ID
    US86-0381103
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents two luxurious, three-story duplexes nestled in Cottonwood Heights, Utah. Boasting a total of 14,656 square feet across two buildings, this Class A property features four units, each offering high-end finishes including knotty alder cabinets, granite countertops, imported tile, steam showers, jetted tubs, and two en-suite bathrooms. Each unit also includes an elevator, catering to ADA needs. The property sits on a 0.41-acre lot and provides eight parking spaces (two per unit). Currently operating at 75% occupancy, the property generates a Net Operating Income (NOI) of $175,200, resulting in a 5.48% cap rate. The asking price is $3,200,000, or $800,000 per unit. The property is zoned R2-8 and offers potential for vacation rental zoning (buyer to obtain necessary permits and approvals). Built in 2004, this property presents a compelling investment opportunity, with the potential for long-term rental income or subdivision and individual sale as townhomes. The owner's unit is currently rented for $3,800 per month and is available for owner-occupancy if desired. Similar townhomes in the area are selling for over $850,000. Stunning mountain and city views complete this remarkable offering. Do not disturb occupants. Seller financing is not available.

    Property profile
    Verified
    Property type Residential income homes
    Year built 2004
    Total area 14,656 SF
    Lot 0.41 ac (17,860 SF)
    UPID US86-0381103
    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
    • Isalis (Bike/Boat/Book/etc) Store
    • Party City Party Supply Store (Bike/Boat/Book/etc) Store
    • Skunk Funk Big Box & Wholesale Store
    • Carl's Trading Co Hat Shop
    • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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