$2,100,000
251 E 300 S, Springville, UT
12 bd · 12 ba · 8,957 sq ft · 0.6 acres · Built 1914 · Residential
Status: Active
This is an excellent investment opportunity providing significant immediate cashflow. This 12-unit historic apartment building features eleven 1-bedroom units and one studio apartment, as well as 12 large onsite storage units, producing current monthly income of $12,650. Located in the heart of Springville, this property has consistent occupancy history and high rental demand when units become available. This is an opportunity to acquire a stabilized building in a core location with reliable day-one income and straightforward management. Seller is willing to finance 75% of the purchase price at 3.99% for 3 years.
Listing courtesy of Equity Real Estate (Results), Stephanie Lewis, 801-610-9394.
Presented by Real Broker, LLC.
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