Hyde Park, UT 84318
Hyde Park, UT 84318
Hyde Park, UT 84318
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The Perry Group

The Perry Group

+1(801) 871-5259
$1,498,900
Est. payment /mo
1.74 Acres Lot
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UPDATED:

Key Details

Property Type Vacant Land

Sub Type Residential

Listing Status Active

Purchase Type For Sale

MLS Listing ID 2086092

HOA Y/N No

Annual Tax Amount $1

Lot Size 1.740 Acres

Acres 1.74

Lot Dimensions 0.0x0.0x0.0

Property Sub-Type Residential

Property Description

**Seller financing available with 0% interest!** Fully entitled land for 60 unit mixed use development with bids supporting a 7.5% cap rate on stabilized value. Seller is willing to subordinate/carry 50% of purchase price behind primary construction financing. Project has been vetted and approved by local credit union. All you need is $750k down to get this entire project off the ground. **Included in the Sale:** Civil Plans Architectural Designs Geotechnical Report City & UDOT approval Topographical Survey Easements & Utility Plans Reach out for link to full development packet. Soft costs & bids for horizontal will also be included in development packet. OM & drawings attached in listing. Only apartments/mixed use for sale in site plan. Projected construction spread north of $2.5M on stabilized value. (proforma included in development packet). Buyer to perform all due diligence and verify information independently. Information provided as a courtesy.

Location

State UT

County Cache

Area Smithfield; Amalga; Hyde Park

Zoning Multi-Family, Commercial

Direction 41.811444, -111.832706

Interior

Fireplace false

Exterior

Utilities Available Natural Gas Connected, Gas: Stubbed, Power: Stubbed, Sewer: Stubbed

View Y/N Yes

View Valley

Present Use Residential,Commercial,Multi-Family

Private Pool false

Building

Lot Description View: Mountain, View: Valley

Faces West

New Construction No

Schools

Elementary Schools Cedar Ridge

Middle Schools North Cache

High Schools Green Canyon

School District Cache

Others

Senior Community No

Ownership Agent Owned

Acceptable Financing Cash, Conventional, Owner 2nd, Seller Finance, Seller Will Subordinate

Horse Property No

Listing Terms Cash, Conventional, Owner 2nd, Seller Finance, Seller Will Subordinate

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Listed by NRE

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+1(801) 871-5259
1931 S 1100 E #200, Salt Lake City, UT, 84106, United States
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