791 E Whitemaple Way, Millcreek, UT 84106

Property Description

Great investment opportunity! This well-cared-for property offers an excellent opportunity for an investor looking to build or expand a rental portfolio. Even better, this property is part of a larger offering that includes three duplexes and a fourplex. That's 10 total units that can be purchased together. For an owner-occupant, this can be a great way to become a property owner while having other tenants help offset the mortgage payment. Rents are Low, because they are occupied by long-term stable tenants! Each unit is currently rented for $1,300 per month. Market rent is $1,700 per month per unit, giving a Gross Rent Multiplier of 182 and a CAP Rate of 6.58. Whether you're looking for a single investment property or interested in acquiring the entire 10-unit portfolio, this is an opportunity worth exploring. See MLS #2188570 for 3751 Redmaple Rd, #2188573 for 1324 E 4170 S, and #2188566 for 180 E Baird Ave. Call Agent for Showing Appointments. Do not disturb tenants! Square footage figures are provided as a courtesy estimate only and were obtained from attached sketch. Buyer is advised to obtain an independent measurement.