2021-07-27 12:41, User_1
Truth Factor: N/A
3153 W 3650 S, West Valley City, UT 84119, USA
Claim this property to become verified owner or agent
Property type: ?
Bedrooms: ?
Bathrooms: ?
Receptions: ?
Year built: ?
Total Plot Size: ?
Total Inside Area: ?
Last Sold: SEP 2021
Price: $2750000
What can it be sold for now?
AI think: $5,145,011
Users think: N/A
Agents think: $2,750,000 1 agent(s) valuations found
HPI banks think: $3,223,335
CHAT:
Jordan Real Estate, Taylor Kayli Vernon Agent Valuation of this property is 2,750,000 USD
18.1% ROI / 7.4% Cash-on-Cash! This amazing 12-plex offers INSTANT EQUITY (appraisal attached) and is actually three adjacent 4plexes, each with SEPARATE Tax ID numbers so you DO NOT NEED COMMERCIAL FINANCING! Get conventional financing with 15% down for improved cash flow! Agents, see attached documents for detailed financials. Take the 3D tour of a newly remodeled unit! Seller desires to sell all 3 buildings as a package. Seven of the 12 units have been completely remodeled and most tenants pay for all utilities (including water, sewer, trash) and a landscaping fee. Due to COVID, we did not increase rents in 2020 for most of the 12 units, so rents are low. This is an AMAZING property that can perform even better: If the rents of just 3 units are increased to match what the other units pay, ROI increases to 19.8% and COC increases to 9.0%!! Buyer to verify all. Square footage figures are provided as a courtesy estimate only and were obtained from county records and estimate. Buyer is advised to obtain an independent measurement. Agents: Please see attached site plan for building orientation, appraisals, and additional financial details -or contact listing agent.
