For Sale

Listed by Matthew Sprunt from Utah Home Central

Source: Wasatch Front Regional MLS #2006680

997 Canyon Road, Ogden, UT, 84404

$700,000

4
3
2
1893 sq. ft.
1306.8 sq. ft.

Other

30+ days on the market

What's around 997 Canyon Road

About this property

Rare investment opportunity. This property is zoned for nightly rentals and the current owner uses it as an Airbnb. It is rare to find an area in Ogden that is zoned for nightly rentals. This unit is located at the bottom of Ogden Canyon, so it's pretty close to Pineview Reservoir, Powder Mountain, Nordic Valley, and Snow Basin. It is 90% occupied year-round and generates an insane amount of rental income (approximately $70K a year). It has 4 bedrooms and 2.5 bathrooms. It has a modern kitchen, bathrooms, and flooring. It has a hot tub and barbeque area for guests and can sleep 8 occupants. Best of all, this is a completely turnkey property that comes with property management, cleaners, and ALL furnishings. The cap rate at the current price is just over 7%. Because this unit is almost always rented, we are not able to schedule showings. Seller financing is available with a 15% down payment. Please make all offers subject to inspection.

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