$9,900,000

Property Details

Unit Mix

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

Ready for Pre-Leasing, Multiple possible tenants inquiring about the lease and wanting to put in an application. Don't miss out on this great opportunity, instant income. Exceptional investment opportunity in the heart of Layton, Utah, on bustling Main Street! This 30-unit apartment community features a well-balanced mix of 12 spacious 2-bedroom, 2-bath units, 18 efficient 1-bedroom, 1-bath units, 2 ADA-accessible units, and 2 units with dedicated office space-ideal for remote workers or small business tenants. The property also offers 11 storage units, providing added convenience and revenue potential (shown as basement on listing). All units will include range, microwave, dishwasher and laundry hookups. Prime commercial spaces available within the 30-unit apartment community on Main Street, Layton, Utah! These highly visible, well-located spaces offer excellent exposure to residents and street traffic alike. Main Level: 1,313 sq. ft. ideal for retail, office, or service-oriented business. Upper East Suite: 715 sq. ft. flexible office or professional use. Upper West Suite: 596 sq. ft. perfect for small office, studio, or boutique use. Total Sq ft of the Residential including patios and decks 26,355, Storage Units 387 sq ft and Commercial 2,624 for a total sq ft of 29,366. Strategically located near shopping, dining, entertainment, and major commuting routes, this property attracts a diverse and stable tenant base. With strong rental demand in a growing market, this community offers excellent cash flow, long-term appreciation, and value-add opportunities. anticipate August move in ready for Tenants. Turn-key management ready, this is a rare chance to own a high-performing multifamily asset in one of Utah's most vibrant neighborhoods. Multiple revenue streams (residential + commercial + storage) Proximity to Hill Air Force Base (within 3 miles) a major driver of stable, long-term rental demand Located near retail, dining, entertainment, and key commuter routes Positioned in a high-growth submarket with strong absorption rates Turn-key, management-ready asset. Lease-Up & Income Potential, Projected tenant occupancy: August, Revenue begins upon lease-up, offering near-term cash flow stabilization, Ideal for investors seeking: Strong yield potential, Long-term appreciation Value-add upside through rent optimization and commercial leasing with Revenue this year. New Building - Low Cost maintenance, Strong demographic neighborhood inquire today for your private showing and more information, sellers anticipate August tenancy move-in.