North Ogden Townhomes — Sale in North Ogden, UT

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Location: North Ogden, UT 84414

Description

North Ogden Townhomes | 8 Units | 100% Occupied The North Ogden Townhomes, located at 472 E 2100 N, is a turnkey 8,400 SF 8-unit multifamily property consisting of eight spacious 2BD/1.5BA units at approximately 1,050 SF each. Built in 1996, the property has been well maintained by the current ownership withHVAC replacements, updated flooring and more, completed during their hold period. All eight units have been updated over the years and are currently 100% occupied, reflecting both the quality of the asset and the strength of the surrounding rental market. Rents and Income The income profile is equally compelling. According to Rentometer, the average rent for a 2BD/1BA unit near this property is $1,344. The North Ogden Townhomes average $1,390 when combining base rents with RUBS and ancillary income, approximately 3% above that benchmark. Notably, the Rentometer comp base reflects standard 2BD/1BA units, while these homes offer an additional half bath, further supporting the rent premium and the quality of the tenant experience. Vacancy has remained low, at just 1.4% over the trailing 12 months. At the asking price of $1,750,000, the property is priced at a 5.50% cap rate on current income. For a self-managing owner, the opportunity is even more immediate as reduced management overhead translates directly to stronger returns from the outset.

Market Context

This commercial property in North Ogden, UT is listed for sale. It has been on the market for 13 days. Compare it against other commercial property listings for sale in North Ogden, UT — view the full market.

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