4189 S 300 W
Ogden, UT 84405

Greenhill at Riverdale is located approximately 40 minutes north of Salt Lake City and five minutes south of Downtown Ogden. The property is part of the high growth, highly desirable Ogden-Clearfield Metropolitan Area, which recently ranked 3rd in the nation for job growth at 4.9%. Greenhill at Riverdale features an unbeatable location surrounded by a myriad of shopping centers, restaurants, and services such as the Newmark Mall, Riverton Shopping Center, Costco, Walmart Supercenter, Super Target, In-N-Out Burger, Chick-fil-A, and more. Residents are just minutes from both I-15 and I-84, granting them excellent access to major job centers including Downtown Ogden, Hill Air Force Base, Falcon Hill Research Park, McKay-Dee Hospital, Weber State University, and so much more. Greenhill at Riverdale is a Value-add Opportunity. The property was originally built in 1972, with a partial rehab in 2017. Of the 104 units, 53 have been fully renovated, 36 have been partially renovated, and 14 are unrenovated. Major CapEx items completed include: 8 year old roofs, new front doors and double pane vinyl windows on all units, stucco facade, electrical wiring, carports and asphalt, and central air in select units. Investors may also take advantage of optional development plans. Land has already been subdivided and unencumbered with utilities to the development site for the construction of an additional 30 units. Designs have been approved and include two buildings: 18 1x1 units, 12 2x2 units, as well as additional amenities including hot tub, swimming pool, fire pit, and a new clubhouse.