My Company's Sold Listings

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James Place Area Single Family Home

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Address not disclosed Washington Terrace, UT 84405

60 Bed
20 Baths
21560 sqft
Although presently rented as apartments, units were constructed as condo units with individual parcel ID numbers. 20 separate units, each with: 3 bedrooms, 1 bathroom Individual ownership potential - units are structurally and legally set up for separate condominium conversion. Distinct utilities per unit for seamless transition to individual ownership or rentals. In-unit laundry hookups (washer and dryer ready). Central heating and air conditioning for tenant comfort. Dual parking: one covered and one uncovered stall per unit. Low-hassle Income Producer: Strong rental history with excellent occupancy - reliable cash flow potential. Ideal for a condo-conversion strategy: New owner could establish an HOA and sell units individually, or continue as turnkey rentals. Tax-Smart Opportunity: 1031 Exchange Eligible Perfect for investors looking to defer capital gains taxes through a 1031 tax-deferred exchange. Timing-sensitive - potential for rapid closing with proper Qualified Intermediary setup. Why It Stands Out: Investor-flexible design: Easily manage as a single asset or subdivide into individual condo units. Turnkey-ready systems: Utilities, HVAC, and parking are already broken out per unit, saving conversion hassle. Strategic tax advantages: Eligibility for a 1031 exchange makes it a powerful tool for portfolio growth and tax deferral.
Listing Courtesy of UTAH REAL ESTATE / ERA Brokers Consolidated / Dustin Peterson
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West Point Area Land

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Address not disclosed West Point, UT 84015

Bed
0 Baths
sqft
Discover a rare investment opportunity with this expansive 15.79-acre property, ideally located in the rapidly growing West Point City. Currently zoned for agriculture, this land holds immense potential, with the city open to approving both commercial and residential zoning which is in the City's growth plan. Whether you're envisioning a mixed-use development, residential community, or commercial hub, this property offers the flexibility to bring your vision to life. This offering includes two parcels (12-023-0045 15.73 acres and 12-023-0145 - .064 acres) to be combined, providing a significant footprint for various development concepts. With three commercial/residential concepts provided by Great Basin Engineering which are attached to the listing, you can explore the possibilities and tailor the land to meet your project's needs. Act quickly-offers received within the first 14 days will be collected, reviewed and responded to within 5 business days after the 14 day open period. Offers are due by 5:00 PM on Wednesday, September 25th. Note that Greenbelt rollback taxes will be the responsibility of the buyer. This is your chance to secure a substantial piece of land in a prime location; submit your best offer today and shape the future of West Point City! Buyer/Buyer's Agent to verify all. Property outline for illustration purposes only.
Listing Courtesy of UTAH REAL ESTATE / ERA Brokers Consolidated / Julie Summers Christensen