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Listed price in listed location currency (USD).
$1,280,000

12914

MLS® 2145417

Overview

Key Facts

Type Quadruplex
Levels Residential
Size 9752 sqft
Garage Yes
Taxes $7,663
Days Active 186
Lot Size 0.08 Acres
Approx. Age 2016
Avg. Price Per Sqft $131
MLS® Number 2145417

Property Address: 14382 S Ferndale Way, Herriman, UT, 84096-1222

Average square foot calculated using Size range provided by listing agent.

Description

Financing fell through so we're BACK ON MARKET! Turnkey 4-Unit Townhouse Investment Proven Cash Flow for separate modern 3 bed/2 bath townhomes built 2016, featuring granite countertops & open layouts. 2 units have 100% finished basements. Currently 100% occupied. Impressive 98% average occupancy over the past 3 years. Professionally managed for 10 years. Residents enjoy community pool + clubhouse amenities mere feet away that drive tenant satisfaction and support higher rents. 100 yards away from Mountain View Corridor makes this a commuter's dream. Schools within walking distance, as well as community park/playground. Low-maintenance, young construction delivers stable income with strong appreciation potential. Perfect hands-off investment opportunity reliable returns from day one! Avg. rent increases in area approx. 3-5%/yr. Another buyer's option could possibly be separating/rezoning units and sold separately as single family townhouses, which currently could range from $375k-$400k each. Current leases very owner friendly. HOA fees cover water/sewage/trash/internet/yard maintenance/snow removal and pool/clubhouse maintenance. Sq. footage provided by professional appraisal.
MLS® Number2145417
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age2016
Basement
DrivewayAttached, Opener
Garage Spaces
HeatForced Air, Gas: Central
A/C

Extras

Ceiling Fan, Dryer, Microwave, Range, Range Hood, Refrigerator, Washer, Window Coverings

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