102 E. 600 S. | Ivins, UT 84738images1.loopnet.com/d2/tLJ7QSc9LmdUTmuW58...40640 Wes Davis, MBA...
10
40640 Wes Davis, MBA 435.627.5705 [email protected] 243 E. St. George Blvd. Suite 200 St George, Utah 84770 435.628.1609 | naiexcel.com 102 E. 600 S. | Ivins, UT 84738
Transcript of 102 E. 600 S. | Ivins, UT 84738images1.loopnet.com/d2/tLJ7QSc9LmdUTmuW58...40640 Wes Davis, MBA...
40640
Wes Davis, [email protected]
243 E. St. George Blvd. Suite 200St George, Utah 84770435.628.1609 | naiexcel.com
102 E. 600 S. | Ivins, UT 84738
NAI Excel | naiexcel.comOffered By: Wes Davis 2
Property Summary
OR TEXT 20553 TO 39200CLICK HERE
FOR MORE INFORMATION
OFFER PRICE $1,550,000
LEASE SIZE | SQFT 9,744±
ZONING Multifamily
YEAR BUILT 2020
• Rare Multifamily Product
• New Construction
• Six Units | 3 bed 2 bath - single car garage
• Few Competing units in this sub-market
• Low Maintenance
• Near Rocky Vista Medical University
• Beautiful setting near the Snow Canyon red rocks and state park
• Lots of outdoor trails nearby and Ivins Reservoir
NAI Vegas | naivegas.comOffered By: Wes Davis 3
Pro Forma
DESCRIPTION (ALL FIGURES ARE ANNUAL) ANNUAL AMOUNT
POTENTIAL RENTAL INCOME $ 115,200
Less Vacancy $ 3,456
EFFECTIVE RENTAL INCOME $ 111,744
Plus: Other Income
GROSS OPERATING INCOME $ 111,744
OPERATING EXPENSES
Real Estate Taxes $ 7,500
Property Management $ 6,705
Utilities - Water $ 1,200
Legal, Accnt, etc. $ 750
Maitenance Reserve $1,250
Insurance $ 2,633
TOTAL OPERATING EXPENSES $ 20,038
NET OPERATING INCOME $ 91,706
NAI Excel | naiexcel.comOffered By: Wes Davis 4
Area Map
SITE
Rocky Vista University
Red Mountain Elementary
Vista Charter School
600 S.
400 S.
91
200 S.
RE
D M
OU
NTA
IN B
LVD
.
MA
IN S
T.
NAI Vegas | naivegas.comOffered By: Wes Davis 6
Floor Plan
FOYER11' x 20'5"
LIVING ROOM10'8" x 17'11"
KITCHEN10'11" x 14'7"
MASTER BEDROOM18'2" x 12'9"
W.I.C6'10" x 5'
BATH11'6" x 5'8"
BATH7'6" x 4'11"
BEDROOM10'8" x 11'3"
BEDROOM10'8" x 11'1"
FLOOR 1FLOOR 2
GROSS INTERNAL AREATOTAL: 1,369 sq ft
FLOOR 1: 570 sq ft, FLOOR 2: 799 sq ftSIZE AND DIMENSIONS ARE APPROXIMATE, ACTUAL MAY VARY.
GARAGE
FLOOR 1 FLOOR 2
This offering, including any related digital marketing, contains selected information pertaining to the Property and does not purport to be a representation of the state of the Property, to be all-inclusive, or to contain all or part of the information which interested parties may require to evaluate a purchase or lease of real property.
Neither the seller or NAI Excel, nor any of their respective directors, officers, Affiliates or representatives make any representation or warranty, expressed or implied, as to the accuracy or completeness of this Offering Memorandum or any of its contents, as to the financial performance of the property, or as to the condition of the Property, malfunctions or mechanical defects on the Property or to any improvements thereon, including but not limited to the material, workmanship or mechanical components of the structures, foundations, roof, heating, plumbing, electrical or sewage system, drainage or moisture conditions, air conditioning, or damage by the presence of pests, mold or other organisms, environmental condition, soils conditions, the zoning of the Property, the suitability of the Property for Interested parties intended use or purpose, or for any other use or purpose.
https://excelcres.com/market-research
CLICK HEREVIEW MARKET STATISTICSFOR OFFICE, RETAIL,INDUSTRIAL & MULTIFAMILY
243 E. St. George Blvd. Suite 200St George, Utah 84770435.628.1609 | naiexcel.com
Salt Lake City, Utah 301 miles
Las Vegas, Nevada 120 miles
Los Angeles, California 387 miles
San Diego, California 449 miles
Denver, Colorado 629 miles
Phoenix, Arizona 421 miles
Distance to Major Cities Market ResearchOur offices publish commercial and residential market research across Utah and Nevada. NAI Excel and NAI Vegas are known for their deep and rich data. Lending institutions, appraisers, and business consultants look to our market reports as the authority on commercial real estate market trends. We have built and maintained a comprehensive database comprised of data collected from some of the largest appraisal firms in the region, NAI transaction, and other data. NAI publishes statistics for the office, retail, industrial, and multifamily markets. Additionally, single family housing reports are published for every major market from Las Vegas to Salt Lake City, through our affiliate.
Wes Davis, [email protected]
