MLS #2023321 | 8464 W State Hwy, Copperton

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> 4 Units for Sale

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

Price Insights

Current price
Price per sq ft
Price per finished sq ft

$2,990,000
$225 / square foot
$225 / finished sq ft

69 Days on the Market

Status: Available

Schools, Inclusions, & Exclusions

Inclusions are often re-negotiated during contract negotiation.

No items have been listed as excluded.

School District

Elementary: None/Other
Middle: None/Other
Senior: None/Other

*The listing agent did not provide any schools for this listing.

The Numbers

Interior :
Style :
Year built :
Lot acres :
Lot sq ft :

13,312 square feet
Style: 2 Story
1961
1.53 acres
66,647 square feet

Home Features & Amenities

Style: 2 Story

Private Showing

For showing appointments, call Tony Fantis, Realtor^® to view the home at 8464 W State Hwy in Copperton. Give Tony Fantis, Realtor^® a call at (801) 541-8806.

8464 W State Hwy was listed on Sep 12th, 2024 by Pathway Properties, LLC, a real estate brokerage. 385-423-8589 is the contact info for the listing brokerage contact assigned for this listing.

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