Mount Lewis Townhomes | 550 900 N
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Mount Lewis Townhomes 550 900 N
32 Unit Apartment Building $10,350,000 ($323,438/Unit) 5.24% Cap Rate Ogden, UT 84404
Investment Highlights
- New Construction
- 3bd/2.5ba layout with 2attached 2-car garages
- Townhomes for rent
Executive Summary
Available for sale as investment deal. 100% occupied 32-unit townhome project with new construction that was completed in Q2 2024. All units feature 3bed/2.5bath layouts with attached 2-car garages. Contact listing agent for additional details.
Data Room Click Here to Access
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $10,350,000 | Building Class | B |
| Price Per Unit | $323,438 | Lot Size | 2.81 AC |
| Sale Type | Investment | Building Size | 61,312 SF |
| Cap Rate | 5.24% | Average Occupancy | 100% |
| No. Units | 32 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2024 |
| Property Subtype | Apartment | Parking Ratio | 0.03/1,000 SF |
| Apartment Style | Townhome |
| Price | $10,350,000 |
| Price Per Unit | $323,438 |
| Sale Type | Investment |
| Cap Rate | 5.24% |
| No. Units | 32 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | B |
| Lot Size | 2.81 AC |
| Building Size | 61,312 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 2024 |
| Parking Ratio | 0.03/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2.5 | 32 | - | 1,451 - 1,961 |
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Mount Lewis Townhomes | 550 900 N
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