9786 Aaron AveEagle Mountain, UT 84005
- Investment properties
- 2,104 SF
Property Details for 9786 Aaron Ave
- Year built
- 2022
- Property size (Sq ft)
- 2,104 SF
- Property type
- Investment properties
- Property subtype
- Multifamily properties
Description
This exceptional investment opportunity presents a portfolio of seven, brand-new (2022) three-bedroom townhomes in the desirable gated community of Spring Run Townhomes, Eagle Mountain, Utah. Each unit boasts spacious floor plans (2,104 - 2,584 sq ft), featuring vaulted great rooms with expansive windows, large closets, granite or quartz countertops, stainless steel appliances, and luxury vinyl plank/tile flooring. Exterior amenities include large decks, walkout basements, landscaped backyards, and a future community pool and clubhouse. The property offers a 4.98% cap rate with a current NOI of $156,159. Currently, 15% occupancy allows for significant upside potential. All units include two-car garages and two additional exterior parking spaces. The community provides fiber internet, gated entrances, guest parking, and full landscaping. This prime location is within five minutes of major retailers (Costco, Walmart, Home Depot) and ten minutes from Silicon Slopes employment centers, and near the Ranches Golf Course. Individual unit rents range from $2100 to $2400 per month, with the asking price for the entire portfolio at $3,138,000 ($448,286 per unit). The seller is open to offers on individual units or combinations of units. Taxes, management, and HOA dues are paid by the landlord
Location Insight
- City
- Eagle Mountain
- County
- Utah
- State
- Utah
- Latitude
- 40.3883
- Longitude
- -111.977
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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