For Sale:
800 W Highway Dr
Wellington,
UT
84542
- MLS #2117038
Townhome for Sale in Wellington
Utah MLS # 2117038
0 Bathrooms
0 Garage
Price per sq ft: $152
Price / finished sq ft: $152
Year Built: 1980
3.13 Acres (136,343 sq ft)
$24,904 / year taxes
Balcony
No basement
Rooms / Layout
| Sq Ft | Beds | Baths | Laundry |
|---|
Features and Schools
To view homes, call (801) 829-1560. Your voice message will be delivered immediately. Tony or an
agent from his team will get back with you ASAP.
Or, REQUEST A PERSONAL SHOWING of 800 W Highway Dr with Tony Fantis or his team of Realtors®. Listing courtesy of Sean Shoemaker with Realtypath LLC (Home and Family).
800 W Highway Dr - $4,550,000
Home Description
The Ridges presents a rare opportunity to acquire a 37-unit multifamily community in one of Central Utah's most desirable residential locations. Located just over an hour from Spanish Fork in Utah County, the property has experienced virtually zero vacancy under current management and features spacious, bright units with in-unit laundry, private balconies, and stunning valley views, complemented by a community park and ample covered parking. Offering a stabilized 5.5% cap rate based on below-market rents with 6% interest rate financing assumptions, The Ridges provides immediate income stability and attractive upside potential through rent growth, operational efficiencies, and incremental property improvements. Ideally positioned along U.S. Highway 6-the primary eastwest route through Carbon County-The Ridges connects Wellington and Price, the region's commercial, educational, and healthcare hub, and serves as a key gateway to Central Utah and premier national parks including Moab and Arches.
Statistics
Townhome Prices in Wellington
Price per Square Foot in Wellington
Townhome Prices in 84542
Price per Square Foot in 84542
800 W Highway Dr, Wellington, UT - MLS # 2117038
Price per square foot and price per finished square foot are estimated based on data supplied by the listing broker. Square footage should be confirmed by a licensed appraiser. Google street view is approximate and historical, which may not reflect the most current view of a neighborhood. Price history data for homes and condos reflects the date the information was received from the MLS.
