Share: Share on Facebook Share on Twitter Share on LinkedIn I recommend visiting cushmanwakefield.com to read:%0A%0A {0} %0A%0A {1}
Exterior View More Images

For Sale | Multifamily Investment Property Available

1463 W. 1650 N.

1463 W. 1650 N.
Layton, UT 84041
United States
Inquire About This Property
Building Size:
3,660 SF
Sale Price:
$775,000 USD
Lot Size:
10,890 SF
Year Built:
1978
Key Features
  • -Value-Add Opportunity
  • -Rents are 25% Lower than Similar Units in a 2-Mile Radius
  • -All Month-to-Month Leases
  • -There are 4 covered parking stalls and 4 storage units in the rear of the property
  • -Newer roof that was installed 2 years ago
  • -Near Main Street in Layton
  • -Just South of Hill Air Force Base
1463 W 1650 N is a 3,660 SF value-add fourplex consisting of four 2BD/1BA units that are roughly 915 SF. The property was built in 1978 and has a newer roof that was installed two years ago. There are 4 covered parking stalls and four storage units in the rear of the property. All the units have long term tenants that are on month-to-month leases. Because the tenants have been at the property so long, the rents are well below market. The average rents are $1,019, while similar units in the area average $1,353 and the top 2BD/1BAs in the area are north of $1,500. An investor can also charge for utility reimbursement, storage, and parking.
Exterior View More Images

Brokers

Vicente Cantua
Vicente Cantua

Director
Salt Lake City, United States

Download VCard

More Information

Download property flyers, brochures and documents by selecting link below.

With your permission we and our partners would like to use cookies in order to access and record information and process personal data, such as unique identifiers and standard information sent by a device to ensure our website performs as expected, to develop and improve our products, and for advertising and insight purposes.

Alternatively click on More Options and select your preferences before providing or refusing consent. Some processing of your personal data may not require your consent, but you have a right to object to such processing.

You can change your preferences at any time by returning to this site or clicking on  Cookies

More Options
Agree and Close
These cookies ensure that our website performs as expected,for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
Cookie preferences
Agree All
Reject All
SAVE SETTINGS
Essential
Non Essential
Marketing