Property Description

This is a once-in-a-lifetime deal! It is currently permitted and operating as a short-term rental (vacation rental) with a mid-term booking all the way through August at $12,400 a month. Everything needed to rent this property is included. At $900k this is a 10.7% cap rate turn-key investment. Recently remodeled, there are no improvements that have to be made to make this property a cash flow machine. You won’t find a better deal on the MLS. This is a one-story living that would work great for converting it into a group home or senior living facility with very little effort, as well. Every bedroom has a 3/4 bath and one bedroom is a full studio apartment (with a full kitchen) that can be used for management, office, or just a higher value rental. Could also easily convert the studio into a 3 bedroom apartment and rent the property as a permitted duplex. Please don’t disturb the guests at the property. No showings until after an accepted offer. Proof of funds necessary on all offers. Please see attached documents for P&L. The selling agent is related to the seller. Square footage is based on county records. Buyer to verify all information. A recent residential appraisal came in at $875,000. A two-year-old commercial appraisal came in at $1.2 Million. See Commercial Listing here 1820525. Current use qualifies it for commercial use Virtual Walk-Through: https://my.matterport.com/show/?m=uspQZGi2J1x

Features
: Forced air
: Central Air
: Parking: Uncovered
: Alarm: Fire , Disposal , Great Room , Kitchen: Updated , Mother-in-law Apt. , See Remarks
: Patio: Covered
: Carpet , Linoleum , See Remarks , Laminate
: View: Mountain , Corner Lot , Cul-de-sac , Sidewalks , Sprinkler: Auto-full , Fenced: Part
: Electricity Connected , Sewer: Public , Natural Gas Connected , Water Connected , Sewer Connected
: Sewer: Public , Sewer: Connected
Address Map
1225
931
W112° 2′ 42.1”
N41° 16′ 46.1”
E
N
Additional Information
Conrad Cruz Real Estate Services LLC
71110
11-195-0020
1
6
Lincoln
Ben Lomond
06/15/2022 17:26:36
06/13/2022 16:07:12
Highland
: Electric Dryer Hookup , Gas Dryer Hookup
: Fully Accessible , Ground Level , See Remarks , Accessible Doors , Single Level Living , Accessible Hallway(s) , Accessible Entrance , Customized Wheelchair Accessible , Roll-in Shower , Accessible Kitchen
: Refrigerator , Microwave , Dryer , Washer
Residential
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931 E 1225

931 E, 1225, Ogden, Utah 84404, Weber County

  • Bedrooms : 11
  • Bathrooms : 12
  • Sqft: 4,115 Sqft
$900,000
MLS#1818946
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Basic Details
Status : Active
MLS : 1818946
Property Type : Single Family Residence
Price : $900,000
Bedrooms : 11
Bathrooms : 12
Sqft : 4,115 Sqft
Year Built : 1994
Lot Area : 0.31 Acre
Country : US
State : Utah
County : Weber
City : Ogden
Zipcode : 84404
CDOM : 8
Days On Market : 19
Water : Culinary
Style : Rambler/ranch
Subdivision : MEADOWLARK MEADOWS S
Agent info
Dynasty Point
7390 s Creek Rd #204 Sandy Ut 84093
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