Description
Historic building and apartment complex ready for remodel. All plans and engineering are done, pending final city approval which will be done in the next 30 days. The two buildings are gutted and ready to be renovated. Amazing opportunity for investors/remodelers. Will cash flow very well when completed or sell for a great return. See attached proforma, Cornerstone Property Management did the proforma and are ready to manage and rent units out as soon as it's completed. Construction budget also attached, expected completion time from permits is 6-8 months. Square footage figures are provided as a courtesy estimate only and were obtained from architectural plans. Buyer is advised to obtain an independent measurement.
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29BEDS
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0.41ACRES
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0BATHS
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01/2 BATHS
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13,060SQFT
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$69$/SQFT
School Information
Description
Historic building and apartment complex ready for remodel. All plans and engineering are done, pending final city approval which will be done in the next 30 days. The two buildings are gutted and ready to be renovated. Amazing opportunity for investors/remodelers. Will cash flow very well when completed or sell for a great return. See attached proforma, Cornerstone Property Management did the proforma and are ready to manage and rent units out as soon as it's completed. Construction budget also attached, expected completion time from permits is 6-8 months. Square footage figures are provided as a courtesy estimate only and were obtained from architectural plans. Buyer is advised to obtain an independent measurement.
Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2025-11-08T15:40:51.16. 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.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.