Property Facts
Historic building and apartment complex ready for remodel. All plans and engineering are done, pending final city approval which will be done in the next 30 days. The two buildings are gutted and ready to be renovated. Amazing opportunity for investors/remodelers. Will cash flow very well when completed or sell for a great return. See attached proforma, Cornerstone Property Management did the proforma and are ready to manage and rent units out as soon as it's completed. Construction budget also attached, expected completion time from permits is 6-8 months. Square footage figures are provided as a courtesy estimate only and were obtained from architectural plans. Buyer is advised to obtain an independent measurement.
Property Features
Interior Features
Exterior Features
Other Features
Totals
Unit Configuration 1
| Total Number Values | Air Conditioning | |||
|---|---|---|---|---|
| Number of Units: 12 | Deck: 0 | Patio: 0 | Gas: 0 | Elec: 12 |
| Furnished: 0 | Unfurnished: 0 | Gas Meters: 12 | Elec (win): 0 | Evap: 0 |
| Elec Meters: 12 | Disposals: 12 | Dishwashers: 12 | Evap (win): 0 | Pump: 0 |
| Oven-Ranges: 12 | Refrigerators: 12 | Solar: 0 | ||
Per Unit Values
| Lvl | Approx Sq Ft |
Bed Rms |
Bath | Fam | Den | Formal Living Rm |
Kitchen Dining |
Laundry | Fireplace | |||||
| F | ¾ | ½ | K | B | F | S | ||||||||
| 3+ | 3,650 | 8 | 6 | 0 | 0 | 6 | 0 | 0 | 6 | 0 | 0 | 0 | 6 | 0 |
| 2 | 3,650 | 8 | 6 | 0 | 0 | 6 | 0 | 0 | 6 | 0 | 0 | 0 | 6 | 0 |
| 1 | 3,650 | 8 | 6 | 0 | 0 | 6 | 0 | 0 | 6 | 0 | 0 | 0 | 6 | 0 |
| B | 2,110 | 5 | 3 | 0 | 0 | 3 | 0 | 0 | 3 | 0 | 0 | 0 | 3 | 0 |
| Tot | 13,060 | 29 | 21 | 0 | 0 | 21 | 0 | 0 | 21 | 0 | 0 | 0 | 21 | 0 |
| Current Rent: $388,630.00 Yearly | Covered Parking: 0 | Uncovered Parking: 20 | Storage Units: 0 |
|---|
Schools
Designated Schools
Nearby Schools
| GreatSchools Rating | School Name | Grades | Distance |
|---|---|---|---|
| George Washington High School Public Middle School, High School |
7-12 | 0.34 mi | |
| James Madison School Public Preschool, Elementary |
PK | 0.43 mi | |
| Archway Youth Service Center (YIC) Public Middle School, High School |
7-12 | 0.43 mi | |
| New Bridge Elementary Public Preschool, Elementary |
PK | 0.69 mi | |
| Storm Ridge Ranch School Private High School |
9-12 | 0.74 mi | |
| St Joseph Catholic School Private Preschool, Elementary, Middle School |
PK-8 | 0.83 mi | |
| Davinci Academy Charter Elementary, Middle School, High School |
K-12 | 0.87 mi | |
| Liberty Elementary School Public Preschool, Elementary |
PK | 0.99 mi | |
| Odyssey School Public Preschool, Elementary |
PK | 1.02 mi | |
| Bennett Home Program Public Elementary, Middle School |
K-7 | 1.06 mi | |
| Surpass High School (YIC) Public Middle School, High School |
8-12 | 1.09 mi | |
| Contracted Special Education Public Elementary, Middle School, High School |
K-12 | 1.15 mi | |
| Spec Educ Atc Public Preschool, Elementary, Middle School, High School |
PK | 1.15 mi | |
| Ogden Online Elementary Public Elementary |
K-6 | 1.15 mi | |
| Ogden Online Secondary Public Middle School, High School |
7-12 | 1.15 mi |
School data provided by GreatSchools.
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Listing Broker
KW Salt Lake City Keller Williams Real Estate
1245 E Brickyard Rd
#500
Salt Lake City, UT 84106
801-326-8800