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221 E Fort Union Blvd 8 Unit Apartment Building $3,573,611 CAD ($446,701 CAD/Unit) Midvale, UT 84047



Investment Highlights
- Turn key complex. No needed updating. 100% tenant occupied.
Executive Summary
Rare 8-Plex Investment Gem! An amazing opportunity that truly embodies "Location, Location, Location." The property makes it easy to attract and keep quality tenants. Each unit features 2 bedrooms, 1 Jack & Jill bath, a spacious living room, large kitchen, laundry room, and patio storage. Property offers open green space and covered parking. Close to all the city has to offer, including ski resorts, schools, parks, shopping, dining and public transit. Do not disturb tenants. No seller financing.
Financial Summary (Actual - 2024) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $3,573,611 CAD | Building Class | C |
| Price Per Unit | $446,701 CAD | Lot Size | 0.54 AC |
| Sale Type | Investment | Building Size | 7,200 SF |
| No. Units | 8 | Average Occupancy | 90% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1996 |
| Apartment Style | Low-Rise | Parking Ratio | 2.08/1,000 SF |
| Zoning | RM, Midvale - RM, Midvale Zoning | ||
| Price | $3,573,611 CAD |
| Price Per Unit | $446,701 CAD |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.54 AC |
| Building Size | 7,200 SF |
| Average Occupancy | 90% |
| No. Stories | 2 |
| Year Built | 1996 |
| Parking Ratio | 2.08/1,000 SF |
| Zoning | RM, Midvale - RM, Midvale Zoning |
Amenities
Unit Amenities
- Air Conditioning
- Wheelchair Accessible (Rooms)
Site Amenities
- Playground
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 8 | - | 900 |
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 22-30-127-042-0000 | Total Assessment | $2,785,098 CAD (2025) |
| Land Assessment | $839,101 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $1,945,997 CAD (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
22-30-127-042-0000
Land Assessment
$839,101 CAD (2025)
Improvements Assessment
$1,945,997 CAD (2025)
Total Assessment
$2,785,098 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
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221 E Fort Union Blvd
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