540 W 1425 N | Layton, UT 84041
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540 W 1425 N
Layton, UT 84041
Layton Meadows · Multifamily Property For Sale · 334 Units
Investment Highlights
- VALUE ADD: 79% of units are classic. Proven renovation premium average of $144 / month.
- SIGNIFICANT CAPITAL IMPROVEMENTS: Over $2.5M of capital improvements in completing unit renovations, new HVAC, water heaters, community renovations.
- HIGH RENTAL GROWTH SUBMARKET: Layton, Utah 2021 YoY submarket rent growth was 20.7%. New lease trade average is a 17.0% increase.
PROPERTY FACTS
| No. Units | 334 | Building Size | 283,194 SF |
| Property Type | Multifamily | Average Occupancy | 88% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Garden | Year Built/Renovated | 1984/2008 |
| Building Class | C | Parking Ratio | 1.79/1,000 SF |
| Lot Size | 10.30 AC |
| No. Units | 334 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 10.30 AC |
| Building Size | 283,194 SF |
| Average Occupancy | 88% |
| No. Stories | 3 |
| Year Built/Renovated | 1984/2008 |
| Parking Ratio | 1.79/1,000 SF |
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Tile Floors
- Vaulted Ceiling
- High Speed Internet Access
- Satellite TV
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Views
- Carpet
- Vinyl Flooring
- Wheelchair Accessible (Rooms)
- Window Coverings
Site Amenities
- Business Center
- Clubhouse
- Courtyard
- Fitness Center
- Laundry Facilities
- Playground
- Pool
- Property Manager on Site
- Tennis Court
- Basketball Court
- Grill
- Pet Play Area
- Storage Space
- Online Services
- Sundeck
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 119 | - | 450 - 950 |
| 2+2 | 215 | - | 750 - 950 |
PROPERTY TAXES
| Parcel Number | 10-030-0116 | Improvements Assessment | $27,666,448 |
| Land Assessment | $3,051,051 | Total Assessment | $30,717,499 |
PROPERTY TAXES
Parcel Number
10-030-0116
Land Assessment
$3,051,051
Improvements Assessment
$27,666,448
Total Assessment
$30,717,499
zoning
| Zoning Code | R-H (High Density Residential) |
| R-H (High Density Residential) |
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