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Hyde Park, UT 84318

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For Sale

$1,498,000

1.74 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • 1.7 acres
    Lot size

Explore this Property

**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.
MLS# 2086092

Courtesy Of NRE

(801) 641-7253

Property Features

  • Architecture Style
    Other
  • Lot Size
    1.74 Acres
  • View Type
    Valley

Area Map

Home seller CENTURY 21 N&N, Realtors

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 N&N, Realtors

(435) 752-5000
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
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  • Hazard Insurance
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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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