Multifamily
Knox on 12th
1258 Grant Ave, Ogden, UT 84404
Listing Price: $15,000,000
Investment Overview
Marcus & Millichap is pleased to present Knox on 12th Apartments, a rare opportunity to acquire a 2020-built, institutional-quality asset in one of Ogden’s most active growth corridors. The property offers immediate financial upside through the assumption of a 3.49% fixed-rate loan - well below today’s market rates—paired with high-end finishes and minimal deferred maintenance. Positioned adjacent to newly developed retail and commercial projects, Knox on 12th stands to benefit from continued momentum in the submarket. Ogden’s recent recognition as a top performing metro reflects strong economic fundamentals, robust job creation, and significant public and private investment - highlighted by over $1 billion in aerospace expansion and $100 million in community and recreation improvements.
Investment Highlights
- Below-Market Assumable Loan: 3.49% interest on $8.96M balance, offering strong cash flow and leverage.
- Modern Construction: Built in 2020 with high-end finishes and minimal near-term CapEx.
- Prime Growth Location: Adjacent to new retail in a rapidly developing Ogden corridor.
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Investment Highlights
- Below-Market Assumable Loan: 3.49% interest on $8.96M balance, offering strong cash flow and leverage.
- Modern Construction: Built in 2020 with high-end finishes and minimal near-term CapEx.
- Prime Growth Location: Adjacent to new retail in a rapidly developing Ogden corridor.
Investment Overview
Marcus & Millichap is pleased to present Knox on 12th Apartments, a rare opportunity to acquire a 2020-built, institutional-quality asset in one of Ogden’s most active growth corridors. The property offers immediate financial upside through the assumption of a 3.49% fixed-rate loan - well below today’s market rates—paired with high-end finishes and minimal deferred maintenance. Positioned adjacent to newly developed retail and commercial projects, Knox on 12th stands to benefit from continued momentum in the submarket. Ogden’s recent recognition as a top performing metro reflects strong economic fundamentals, robust job creation, and significant public and private investment - highlighted by over $1 billion in aerospace expansion and $100 million in community and recreation improvements.
Exclusively Listed By

