Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
None
Lot size
1.74 acres
**Seller financing available with 0% interest!** Fully entitled land for 60 unit mixed use development with bids supporting a 7.5% cap rate on stabilized value. Seller is willing to subordinate/carry 50% of purchase price behind primary construction financing. Project has been vetted and approved by local credit union. All you need is $750k down to get this entire project off the ground. **Included in the Sale:** Civil Plans Architectural Designs Geotechnical Report City & UDOT approval Topographical Survey Easements & Utility Plans Reach out for link to full development packet. Soft costs & bids for horizontal will also be included in development packet. OM & drawings attached in listing. Only apartments/mixed use for sale in site plan. Projected construction spread north of $2.5M on stabilized value. (proforma included in development packet). Buyer to perform all due diligence and verify information independently. Information provided as a courtesy.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
NO
-
Cooling
None
-
Fireplace YN
NO
-
Heating YN
NO
-
Heating
None
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
-
View
Mountain(s), Valley
Area & Lot
-
Lot Size(acres)
1.74
-
Property Type
Land
Price
-
Sales Price
$1,498,900
-
Tax Amount
1.0
-
Zoning
MXD
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
Cache
-
Middle School
North Cache
-
High School
Green Canyon
Property Features
-
Senior Community YN
NO
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Location
County
Cache
Elementary School
Cache
Middle School
North Cache
High School
Green Canyon
Listing Courtesy of Austin Seegmiller , NRE
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President / Real Estate Advisor
DamonLuke
Call Damon today to schedule a private showing.
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