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Multifamily

The Grand at Midvale

8035 S Fern Cir, Midvale, UT 84047

Listing Price: $6,100,000

Cap Rate
5.20%
Number of Units
24
GRM
13.96
Price/Unit
$254,167

Investment Overview

Discover The Grand at Midvale, a premier multifamily property offering an unparalleled investment opportunity in the heart of Midvale, Utah. This beautifully modernized community features stylish, updated interiors and exteriors, ensuring a contemporary and appealing living environment for residents. Its prime location provides easy access to I-15, Downtown, and Murray Hospital, making it a highly desirable residence for tenants seeking convenience and connectivity.

With significant potential for income growth and expense reduction, The Grand at Midvale stands out as a highly attractive asset for savvy investors. Rents can be raised by an average of ±$100 per month, and annual expenses can be reduced from ±$6,400 per unit to $6,000, enhancing overall profitability and return on investment. Capitalize on this exceptional opportunity to invest in a thriving community and secure a lucrative future with The Grand at Midvale.

Investment Highlights

  • Constructed in 2015, The Grand at Midvale has recently undergone interior modernizations and exterior updates, including a new paint job, ensuring a fresh and contemporary living experience
  • Rents can be raised on average by ±$100 per month, and annual expenses can be reduced from ±$6,400 per unit to $6,000, enhancing overall profitability and return on investment.
  • Located with convenient access to I-15, Downtown, and Murray Hospital, The Grand at Midvale offers excellent connectivity, making it a strategic asset for investors.

Exclusively Listed By

Financing By

Multifamily

The Grand at Midvale

Listing Price: $6,100,000

Cap Rate
5.20%
Number of Units
24
GRM
13.96
Price/Unit
$254,167

Investment Highlights

  • Constructed in 2015, The Grand at Midvale has recently undergone interior modernizations and exterior updates, including a new paint job, ensuring a fresh and contemporary living experience
  • Rents can be raised on average by ±$100 per month, and annual expenses can be reduced from ±$6,400 per unit to $6,000, enhancing overall profitability and return on investment.
  • Located with convenient access to I-15, Downtown, and Murray Hospital, The Grand at Midvale offers excellent connectivity, making it a strategic asset for investors.

Investment Overview

Discover The Grand at Midvale, a premier multifamily property offering an unparalleled investment opportunity in the heart of Midvale, Utah. This beautifully modernized community features stylish, updated interiors and exteriors, ensuring a contemporary and appealing living environment for residents. Its prime location provides easy access to I-15, Downtown, and Murray Hospital, making it a highly desirable residence for tenants seeking convenience and connectivity. With significant potential for income growth and expense reduction, The Grand at Midvale stands out as a highly attractive asset for savvy investors. Rents can be raised by an average of ±$100 per month, and annual expenses can be reduced from ±$6,400 per unit to $6,000, enhancing overall profitability and return on investment. Capitalize on this exceptional opportunity to invest in a thriving community and secure a lucrative future with The Grand at Midvale.

Exclusively Listed By

Financing By

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