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16 Unfinished Condo Units in Bear Lake 45 E 150 S

16 Unit Apartment Building $6,900,000 ($431,250/Unit) Garden City, UT 84028

Apartment Buildings Utah Garden City 45 E 150 S, Garden City, UT 84028

Executive Summary

Incredible investment opportunity to finish 16 condo units in Bear Lake with Private access to the Beach. Each unit can be used as a short term rental with the possibility with renting out each room separately. Each unit is 3 bedrooms and 3 bathrooms. Bring your builders and Developers this is in incredible opportunity. Cost estimate to finish is $150-200k per unit.

Property Facts

Price $6,900,000 Apartment Style Mid Rise
Price Per Unit $431,250 Building Class C
Sale Type Investment Lot Size 7.87 AC
Sale Conditions REO Sale Construction Status Under Construction
No. Units 16 Building Size 26,480 SF
Property Type Multifamily No. Stories 4
Property Subtype Apartment Year Built 2025
Price $6,900,000
Price Per Unit $431,250
Sale Type Investment
Sale Conditions REO Sale
No. Units 16
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid Rise
Building Class C
Lot Size 7.87 AC
Construction Status Under Construction
Building Size 26,480 SF
No. Stories 4
Year Built 2025

Unit Amenities

  • Air Conditioning
  • Heating
  • Refrigerator
  • Oven
  • Tub/Shower

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Smoke Free
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+3 16 - 26,480
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PROPERTY TAXES

Parcel Numbers
Multiple
  • 41-21-40-071
  • 41-21-40-302
 Improvements Assessment $0
Land Assessment $2,818,500 Total Assessment $2,818,500

PROPERTY TAXES

Parcel Numbers
Multiple
  • 41-21-40-071
  • 41-21-40-302
Land Assessment
$2,818,500
Improvements Assessment
$0
Total Assessment
$2,818,500
(801) 836-0494

Contact

  • Listing ID: 32339456

  • Date on Market: 7/3/2024

  • Last Updated:

  • Address: 45 E 150 S, Garden City, UT 84028

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16 Unfinished Condo Units in Bear Lake | 45 E 150 S
(801) 836-0494 x

16 Unfinished Condo Units in Bear Lake | 45 E 150 S

Matthew Garlick

(801) 836-0494

(801) 836-0494

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