For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $506,000
Property Type Multi-Family
Sub Type > 4 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 9,084 sqft
Price per Sqft $55
Subdivision Fillmore City
MLS Listing ID 1722473
Sold Date 05/13/21
Style Stories: 1
Bedrooms 22
Construction Status Blt./Standing
HOA Y/N No
Year Built 1941
Annual Tax Amount $3,422
Lot Size 1.190 Acres
Acres 1.19
Lot Dimensions 0.0x0.0x0.0
Property Description
Awesome Cashflow Potential. Some units are used for Nightly Stays and others for Monthly Rentals. Easy access to I15. Central location in Fillmore. Lots of upside potential. Seller financing available with a significant down payment. Cash-out preferred. Four different buildings (Nightly rentals are all in the same building). On-site manager's quarters adjacent to the Motel Office. Additional income from "Cash Sending Service" and Vending Machines. Three buildings have newer roofs and one building needs the roof replaced. There are Proformas with investor information in the pictures above. Proformas and more details can be obtained by contacting the agent. On-site Manager Currently in place.
Location
State UT
County Millard
Area Fillmore; Flowell
Zoning Commercial
Interior
Interior Features Range/Oven: Free Stdng.
Flooring Carpet, Linoleum, Tile
Fireplace false
Window Features Blinds
Exterior
Utilities Available Natural Gas Connected, Electricity Connected, Sewer Connected, Sewer: Public, Water Connected
Waterfront No
View Y/N Yes
View Mountain(s)
Roof Type Asphalt
Present Use Residential
Topography Curb & Gutter, Fenced: Part, Road: Paved, Sidewalks, Terrain, Flat, View: Mountain
Total Parking Spaces 25
Private Pool false
Building
Lot Description Curb & Gutter, Fenced: Part, Road: Paved, Sidewalks, View: Mountain
Sewer Sewer: Connected, Sewer: Public
Water Culinary
Structure Type Brick,Cinder Block
New Construction No
Construction Status Blt./Standing
Schools
Elementary Schools Fillmore
Middle Schools Fillmore
High Schools Millard
School District Millard
Others
Senior Community No
Tax ID F-342
Acceptable Financing Cash, Conventional, Seller Finance
Horse Property No
Listing Terms Cash, Conventional, Seller Finance
Financing Cash
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with NON-MLS
GET MORE INFORMATION