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Seasons of Traverse Mountain 4200 N Seasons View Dr 440 Unit Apartment Building For Sale Lehi, UT 84043
Investment Highlights
- Embedded Mark-to-Market Rent Upside and Executable Value-Add
- Long-Term Demand Drivers
- Irreplaceable Traverse Mountain Location & Amenity Base
Executive Summary
Cushman & Wakefield, as exclusive advisor, is pleased to present the opportunity to acquire Seasons of Traverse Mountain (the “Property”), a 440-unit multifamily community located in Lehi, Utah, one of the most dynamic residential and employment markets in northern Utah County.
Combined with limited near-term supply, strong resident demographics, and deep-rooted multifamily fundamentals, the Property offers the opportunity to drive future rent growth, NOI expansion, and continued asset appreciation.
Combined with limited near-term supply, strong resident demographics, and deep-rooted multifamily fundamentals, the Property offers the opportunity to drive future rent growth, NOI expansion, and continued asset appreciation.
Property Facts
| Sale Type | Investment | Building Size | 284,856 SF |
| No. Units | 440 | Average Occupancy | 95% |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 2014 |
| Building Class | A | Parking Ratio | 3.6/1,000 SF |
| Lot Size | 26.62 AC | ||
| Zoning | PC | ||
| Sale Type | Investment |
| No. Units | 440 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | A |
| Lot Size | 26.62 AC |
| Building Size | 284,856 SF |
| Average Occupancy | 95% |
| No. Stories | 4 |
| Year Built | 2014 |
| Parking Ratio | 3.6/1,000 SF |
| Zoning | PC |
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Somewhat walkable
30/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 66-411-0005 | Improvements Assessment | $118,752,322 CAD |
| Land Assessment | $22,103,554 CAD | Total Assessment | $77,470,731 CAD |
Property Taxes
Parcel Number
66-411-0005
Land Assessment
$22,103,554 CAD
Improvements Assessment
$118,752,322 CAD
Total Assessment
$77,470,731 CAD
Contacts
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Kip Paul -
Kevin Donner -
Michael King -
JT Redd -
James Hunsinger -
Katie Gavin -
Cushman & Wakefield
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Seasons of Traverse Mountain | 4200 N Seasons View Dr
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