Sold

800 W HIGHWAY, Wellington, UT 84542

Beds
75
Baths
38
Sqft
30,000

View property features, location on map, relevant school information and overview from seller's agent.

Listed byRealtypath LLC (Home and Family)
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Overview

The Ridges presents a rare opportunity to acquire a 37-unit multifamily community in one of Central Utah's most desirable residential locations. Located just over an hour from Spanish Fork in Utah County, the property has experienced virtually zero vacancy under current management and features spacious, bright units with in-unit laundry, private balconies, and stunning valley views, complemented by a community park and ample covered parking. Offering a stabilized 6.27% cap rate based on below-market rents. The Ridges provides immediate income stability and attractive upside potential through rent growth, operational efficiencies, and incremental property improvements. Ideally positioned along U.S. Highway 6-the primary eastwest route through Carbon County-The Ridges connects Wellington and Price, the region's commercial, educational, and healthcare hub, and serves as a key gateway to Central Utah and premier national parks including Moab and Arches.

Location

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
75
Number of bathrooms
38
Square feet
30,000
Lot size (acres)
3.13
Year built
1980

Interior features

Laundry
In Unit

Utilities

Heating
Central, Forced Air, Natural Gas
Cooling
None
Sewer
Public Sewer

Taxes

Tax Annual Amount
$24,904

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Utah Real Estate (Wasatch Front) MLS®#: 2117038 Last checked:

Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.