800 W Highway Dr
Wellington, UT 84542
$4,550,000 See similar homes
MLS #2117038
Status: Available
By the Numbers
| 75 Bedrooms | 30,000 sq ft |
| 38 Bathrooms | $24,904/year taxes |
| No garage/carport | |
| 3.13 acres | |
Listed 16 days ago |
|
| Price per Sq Ft = $152 ($152 / Finished Sq Ft) | |
| Year Built: 1980 | |
Rooms / Layout
| Square Feet | Beds | Baths | Laundry |
|---|
Dining Areas
| No dining information available |
Schools & Subdivision
| Subdivision: Undisclosed | |
| Schools: Carbon School District | |
| Elementary: Wellington | |
| Middle: Mont Harmon | |
| High: Carbon |
Realtor® Remarks:
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.Schedule a showing
The
Nitty Gritty
Updated Kitchen
Free Standing Range/Oven
Find out more info about the details of MLS #2117038 located at 800 W Highway Dr in Wellington.
Updated Kitchen
Free Standing Range/Oven
Balcony
Covered Deck
Double Pane Windows
Covered Patio
Covered Deck
Double Pane Windows
Covered Patio
Dryer
Refrigerator
Washer
Refrigerator
Washer
Cul-De-Sac
Curb & Gutter
Fully Fenced
Paved Road
Sidewalks
Auto Sprinklers - Full
Grad Slope
Mountain View
Valley View
Auto Drip Irrigation - Full
Curb & Gutter
Fully Fenced
Paved Road
Sidewalks
Auto Sprinklers - Full
Grad Slope
Mountain View
Valley View
Auto Drip Irrigation - Full
This listing is provided courtesy of my WFRMLS IDX listing license and is listed by seller's Realtor®:
Sean Shoemaker
, Brokered by: Realtypath LLC (Home and Family)
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