Homes for sale - 8464 W STATE HWY, Copperton, UT 84006

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Kelli Stoneman

kelli@stonemangroup.com +1(801) 337-6295

$2,990,000

Est. payment - /mo

24 Beds

16 Baths

13,312 SqFt

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UPDATED:

10/16/2024 05:49 PM

Key Details

Property Type Multi-Family

Sub Type > 4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 13,312 sqft

Price per Sqft $224

MLS Listing ID 2023321

Style Stories: 2

Bedrooms 24

Construction Status Blt./Standing

HOA Y/N No

Year Built 1961

Annual Tax Amount $11,814

Lot Size 1.530 Acres

Acres 1.53

Lot Dimensions 0.0x0.0x0.0

Property Description

This unique investment opportunity involves the Canyon Apartments, a well-established 15-unit property complemented by adjacent land with the potential to add 18 more units. This value-add asset, constructed in 1961 and spanning approximately 13,312 square feet, offers a diverse mix of unit configurations including one 4BD/2BA unit, six 2BD/1BA units, and eight 1BD/1BA units. 9 of the 15 units have been renovated by current ownership. The property features onsite laundry facilities, ample parking, including covered spaces and seven carports allocated based on seniority, and has had recent capital improvements exceeding $100,000. These improvements encompass interior renovations, stucco repairs, new asphalt, a new electrical room and new concrete. The adjacent land offers the opportunity to develop 18 additional units. Proposed plans include 2BD/2BA units, each approximately 950 square feet

Location

State UT

County Salt Lake

Area Wj; Sj; Rvrton; Herriman; Bingh

Interior

Fireplace No

Exterior

View Y/N No

Present Use Residential

Private Pool false

Building

New Construction No

Construction Status Blt./Standing

Schools

Elementary Schools None/Other

Middle Schools None/Other

High Schools None/Other

Others

Senior Community No

Tax ID 26-08-377-010

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Listed by Pathway Properties, LLC

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Kelli Stoneman

+1(801) 337-6295

Broker Associate | License ID: 5656390-AB00

Broker Associate License ID: 5656390-AB00

8464 W STATE HWY Copperton, UT 84006

Kelli Stoneman

Key Details

Location

Interior

Exterior

Building

Schools

Others

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