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1234 N HIGHWAY 89 photo 11 / 28

$1,050,000

1234 N HIGHWAY 89, Mt Pleasant, UT 84647

Units

25

Price/Unit

$42,000

Price/Sqft

$477

Est Gross Yield

20.9%

$219,000/yr est.

Property Details

Property typeMultifamily
Year built1971
Total units25
Living area2,200 sqft
Bedrooms3
Bathrooms2
Lot size8.88 acres
Days on market29
Listed2026-05-24T00:00:00+00:00

Unit Mix

TypeCountBedsBathsSqftRent/Mo
3BR / 2BA25322,200
Total25755055,000

Unit mix data is reported by the seller or listing agent through the MLS and may be inaccurate or incomplete. Buyers should independently verify all information and conduct their own due diligence before making any investment decisions.

Description

MOBILE HOME PARK! 25 State approved units with 5 acres to expand. There is too much to tell you about this park and opportunity to write it here. Please call listing agent. Cash cow while working to improve the park the rest of the way.

Listed by Brody Swanson · Serve-U-Best-Realty LLC

Location

1234 N HIGHWAY 89, Mt Pleasant, UT 84647

Proforma

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Cap Rate

91.73%

Cash-on-Cash

232.15%

Cash Flow

$76,174/mo

Purchase Price$1,050,000
Down Payment35% ($367,500)
Interest Rate6.00%
Monthly Rent$120,700/mo
Vacancy5%
Expense Ratio30% ($412,794)

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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.

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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 6/22/2026, 10:13:53 PM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing data provided by UtahRealEstate.com.