NRE
Description
**Seller financing available with 0% interest!** Fully entitled land for 60 unit mixed use development with bids supporting a 7.5% cap rate on stabilized value. Seller is willing to subordinate/carry 50% of purchase price behind primary construction financing. Project has been vetted and approved by local credit union. All you need is $750k down to get this entire project off the ground. **Included in the Sale:** Civil Plans Architectural Designs Geotechnical Report City & UDOT approval Topographical Survey Easements & Utility Plans Reach out for link to full development packet. Soft costs & bids for horizontal will also be included in development packet. OM & drawings attached in listing. Only apartments/mixed use for sale in site plan. Projected construction spread north of $2.5M on stabilized value. (proforma included in development packet). Buyer to perform all due diligence and verify information independently. Information provided as a courtesy.
Details
Updated on 2026/04/09 12:57:26 pm- Property ID: 2086092
- Price: $1498900
- Property Size: Sq Ft
- Year Built:
- Property Type: Residential
- Property Status: Active
- Style:
Additional details
- Brokerage Commission:
- Zoning: MXD
- Total Bathrooms:
- Lot Size In Acres: 1.74
- Total Bedrooms:
- Equipment:
School Details
- Elementary School : Cedar Ridge
- Elementary School District : Cache
- High School : Green Canyon
- High School District : Cache
- Middle School : North Cache
- Middle School District: Cache
Mortgage Calculator
- Principal & Interest $4,849.00
- Property Tax $250.00
- Home Insurance $83.33
- PMI $1,000.00
