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8464 West State Highway

Copperton UT 84006

24
16
13312 sq. ft.
66646.8 sq. ft.
Other
Currently for sale - view listing

Overview

This unique investment opportunity involves the Canyon Apartments, a well-established 15-unit property complemented by adjacent land with the potential to add 18 more units. This value-add asset, constructed in 1961 and spanning approximately 13,312 square feet, offers a diverse mix of unit configurations including one 4BD/2BA unit, six 2BD/1BA units, and eight 1BD/1BA units. 9 of the 15 units have been renovated by current ownership. The property features onsite laundry facilities, ample parking, including covered spaces and seven carports allocated based on seniority, and has had recent capital improvements exceeding $100,000. These improvements encompass interior renovations, stucco repairs, new asphalt, a new electrical room and new concrete. The adjacent land offers the opportunity to develop 18 additional units. Proposed plans include 2BD/2BA units, each approximately 950 square feet

Features

24 bedrooms
16 bathrooms
13312 sq. ft. floor area
66646.8 sq. ft. lot size
Other

Property history for 8464 West State Highway

2022
Sold
Undisclosed
15 Aug 2022 by Craig Whiting, of Prime Real Estate Experts, LLC
2015
Sold
Undisclosed
12 Jun 2015 by Frank Stewart, of The Tollstrup Group

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