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1180 South 500 West

Richfield UT 84701

49222.8 sq. ft.
Other
Currently for sale - view listing

Overview

**Prime Opportunity Zone Development : Shovel-Ready Land for 28 Apartment Units in Richfield, UT. This property is in a designated Opportunity Zone, offering significant tax incentives to investors, including potential deferral or elimination of capital gains taxes. With projected gross monthly rents of $32,400 this development is poised to yield over $1.6 million in profit upon stabilization, making it an incredibly attractive opportunity for developers and investors alike. **Included in the Sale:** - Civil Plans - Architectural Designs - Geotechnical Report - Topographical Survey - Easements & Utility Plans - Complete Development Packet with all necessary documentation to proceed with construction Reach out for link to full development packet. OM & drawings attached in listing. Buyer to perform all due diligence and verify information independently. Information provided as a courtesy.

Features

49222.8 sq. ft. lot size
Other

Happy sellers in Richfield

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We have insufficient information to provide an overview of customer satisfaction for Richfield. Viewing the agent profiles, reviews and sales for Richfield can provide insights for this location.

Local market activity for other properties in Richfield

In the last 12 months, 13 other properties similar to 1180 South 500 West, have been sold.

This represents a 8% decrease in other properties sales when compared to the previous 12 months.

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