14382 S Ferndale Way, Herriman, UT 84096

$1,280,000
12
BD
9
BA
9,752
SqFt

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List Price
$1,280,000
Status
BACKUP
MLS#
2145417
Days on Market
124
Price Change
▼ $55,000 1780433950
Year Built
2016
Bedrooms
12
Bathrooms
9
Square Feet
9,752
Parcel Number
33-07-253-002
Acres
0.08
Terms
Cash, Conventional
County
Salt Lake
Region
WJ; SJ; Rvrton; Herriman; Bingh
Subdivision
Rosecrest Subdivision

Property Description

Huge REDUCTION! Turnkey 4-Unit Townhouse Investment Proven Cash Flow for separate modern 3 bed/2 bath townhomes built 2016, featuring granite countertops & open layouts. 2 units have 100% finished basements. Currently 100% occupied. Impressive 98% average occupancy over the past 3 years. Professionally managed for 10 years. Residents enjoy community pool + clubhouse amenities mere feet away that drive tenant satisfaction and support higher rents. 100 yards away from Mountain View Corridor makes this a commuter's dream. Schools within walking distance, as well as community park/playground. Low-maintenance, young construction delivers stable income with strong appreciation potential. Perfect hands-off investment opportunity reliable returns from day one! Avg. rent increases in area approx. 3-5%/yr. Another buyer's option could possibly be separating/rezoning units and sold separately as single family townhouses, which currently could range from $375k-$400k each. Current leases very owner friendly. HOA fees cover water/sewage/trash/internet/yard maintenance/snow removal and pool/clubhouse maintenance. Sq. footage provided by professional appraisal.

Additional Information

Taxes
$7,663
Hoa Fee
$1,166
HOA Amenities
Clubhouse, Maintenance, Pool, Snow Removal
Exterior Features
Double Pane Windows, Lighting
Interior Features
Closet: Walk-In, Disposal, Range/Oven: Free Stdng., Granite Countertops, Dishwasher: Built-In
Floor
Carpet, Linoleum, Vinyl
Garage Spaces
6
Heating
Forced Air, Gas: Central
Pool Features
In Ground
Roof
Asphalt
School District
Jordan
Elementary School
Butterfield Canyon
High School
Herriman
Style
Stories: 2
Living Area
9,752

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Calculator source: Real Geeks

Listing courtesy of Boardwalk Realty & Management.

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