This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
7205-7299 S Apple Honey Ln
Midvale, UT 84047
Pointe at Fort Union · Multifamily Property For Sale
·
36 Units
PROPERTY FACTS
| No. Units | 36 | Building Size | 29,070 SF |
| Property Type | Multifamily | Average Occupancy | 94% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1986 |
| Building Class | B | Parking Ratio | 2.41/1,000 SF |
| Lot Size | 2.29 AC | ||
| Zoning | RM-25 | ||
| No. Units | 36 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 2.29 AC |
| Building Size | 29,070 SF |
| Average Occupancy | 94% |
| No. Stories | 2 |
| Year Built | 1986 |
| Parking Ratio | 2.41/1,000 SF |
| Zoning | RM-25 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Washer/Dryer
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
SITE AMENITIES
- Laundry Facilities
- Picnic Area
- Playground
ABOUT 7205-7299 S APPLE HONEY LN , MIDVALE, UT 84047
Marcus & Millichap has been selected to exclusively market for sale the Apple Honey Apartments, a 36-unit multifamily property in the booming Salt Lake City MSA. This property provides investors an asset in a desired market with exceptional demographics, large scale infrastructure development and a rapidly growing tech sector. Located in Midvale, Utah, the Apple Honey Apartments is a 36-unit multifamily property built in 1986. The property contains 36 two-bedroom one-bath units. The units range from 780 to 835 square feet. The total rentable space is 27,070 square feet. The current owner renovated 3 of the units at a cost of around $7,500 and pushed the rents from $923 to $1,065. This represents a 22% return on investment in the first year of increased rents. Based on the rent comparables in the area, the units could be rented for over $1,100.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 36 | $957.50 | 780 - 835 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $4,571,960 | Total Assessment | $4,571,960 |
PROPERTY TAXES
