, Hyde Park, UT 84318
—BD/—BA Land in Hyde Park, UT 84318. Listed at $1,498,900. MLS #2086092.
—BD/—BA Land in Hyde Park, UT 84318. Listed at $1,498,900. MLS #2086092.
$1,498,900
Originally listed at $1,499,000
**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.
Property Type
Land
Property Style
Residential
County
Cache
Zoning
Multi-Family, Commercial
Lot Size
1.74 sq ft
Condition
Blt./Standing
MLS #
2086092
Property Type
Land
Property Style
Residential
County
Cache
Zoning
Multi-Family, Commercial
Lot Size
1.74 sq ft
Condition
Blt./Standing
MLS #
2086092
List Price
$1,498,900
Original Price
$1,499,000
Annual Taxes
$1
Home Warranty
No
List Price
$1,498,900
Original Price
$1,499,000
Annual Taxes
$1
Home Warranty
No
View
Valley
View
Valley
Covered Spaces
0
Total Parking
0
Covered Spaces
0
Total Parking
0
$677,500
+121% vs median
168 days
34
$375,000 – $1,749,900
$1
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