$1,200,000
$1,295,000
7.3%For more information regarding the value of a property, please contact us for a free consultation.
59 Beds
47 Baths
31,536 SqFt
SOLD DATE : 09/20/2016
Key Details
Sold Price $1,200,000
Property Type Multi-Family
Sub Type > 4 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 31,536 sqft
Price per Sqft $38
Subdivision Acorn & Oak Tree Apt
MLS Listing ID 1374424
Sold Date 09/20/16
Style Stories: 3
Bedrooms 59
Construction Status Blt./Standing
HOA Y/N No
Year Built 1998
Annual Tax Amount $5,790
Lot Size 1.980 Acres
Acres 1.98
Lot Dimensions 0.0x0.0x0.0
Property Description
BANK OWNED 36 UNIT APARTMENT COMPLEX OFFERING/ BEST UTAH MULTIFAMILY STUDENT HOUSING VALUE / Active Listing, Financials & Rent Rolls available. **SEE PROPERTY PROFILE ATTACHMENT. No other apartment complex of this quality in Utah can compare at $ 35,972 /door & $ 41.06 SF. Offering represents the Acorn & Oak Tree Apartments in Ephraim, Utah. Sold together, is one of the largest apt. complexes for off-campus Snow College & Ephraim City. Listing pictures taken 2013. Acorn Apartments; 1998 constructed, quality built, all brick, well maintained 24 units - 636 SF 1 bdrm nicely furnished including 2 fully handicap accessible units. This building has laundry room with separate maintenance/ equipment storage w/ own outside entrance on .76 Acres. Oak Tree Student Apartments; Built 1978, adjacent to Acorn Apts. on 1.22 Acres the Oak Tree Apts. consist of 11 - 1179 SF 3 bdrm 2 bath and 1 - 900 S/F 2 bdrm 1 bath fully furnished apts. for 70 available student beds. Bldg has laundry room & maintenance storage room.
Location
State UT
County Sanpete
Area Ephraim; Manti
Zoning Multi-Family
Interior
Interior Features Bath: Sep. Tub/Shower, Disposal, Range/Oven: Free Stdng., Dishwasher: Built-In
Heating Forced Air, Gas: Radiant, Hot Water
Flooring Carpet, Linoleum, Tile
Equipment Window Coverings
Fireplace false
Window Features Blinds,Full
Exterior
Exterior Feature Double Pane Windows, Entry (Foyer), Lighting, Secured Building
Utilities Available Natural Gas Connected, Electricity Connected, Sewer Connected, Sewer: Public, Water Connected
View Y/N Yes
View Mountain(s)
Roof Type Rolled-Silver
Present Use Residential
Topography Curb & Gutter, Fenced: Part, Road: Paved, Sidewalks, Sprinkler: Auto-Part, Terrain, Flat, View: Mountain
Accessibility Fully Accessible, Grip-Accessible Features, Ground Level, Accessible Entrance, Ramp, Customized Wheelchair Accessible
Private Pool false
Building
Lot Description Curb & Gutter, Fenced: Part, Road: Paved, Sidewalks, Sprinkler: Auto-Part, View: Mountain
Sewer Sewer: Connected, Sewer: Public
Water Culinary, Irrigation
Structure Type Brick
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 632X1, 632X5
Ownership REO/Bank Owned
Acceptable Financing Cash, Commercial Fin. Req., Conventional
Horse Property No
Listing Terms Cash, Commercial Fin. Req., Conventional
Financing Conventional
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