Description
Price is for the Land. The 4350 S 900 E ( Parcel 22-05-176-004) project is situated in the heart of Millcreek next door to the Smiths grocery store and two blocks from Cottonwood Regional Park. A property adjacent to this site, which was designed for 28 units, was recently sold by Defy Co.Labs to another developer as the first "phase". The site plan includes 32, 3-Bed townhomes with an average of 1,450 SF and an additional 1,500 SF of commercial frontage space. Total costs for the project (including land, hard costs, and soft costs) are estimated to be between $13.0M and $15.0M, with an investor IRR of over 25%
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84BEDS
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1.44ACRES
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0BATHS
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01/2 BATHS
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40,600SQFT
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$74$/SQFT
School Information
Description
Price is for the Land. The 4350 S 900 E ( Parcel 22-05-176-004) project is situated in the heart of Millcreek next door to the Smiths grocery store and two blocks from Cottonwood Regional Park. A property adjacent to this site, which was designed for 28 units, was recently sold by Defy Co.Labs to another developer as the first "phase". The site plan includes 32, 3-Bed townhomes with an average of 1,450 SF and an additional 1,500 SF of commercial frontage space. Total costs for the project (including land, hard costs, and soft costs) are estimated to be between $13.0M and $15.0M, with an investor IRR of over 25%
Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2023-05-31T14:38:41.833. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.