Property Description

**Prime Opportunity Zone Development : Shovel-Ready Land for 28 Apartment Units in Richfield, UT. This property is in a designated Opportunity Zone, offering significant tax incentives to investors, including potential deferral or elimination of capital gains taxes. With projected gross monthly rents of $32,400 this development is poised to yield over $1.5 million in profit upon stabilization, making it an incredibly attractive opportunity for developers and investors alike. **Included in the Sale:** – Civil Plans – Architectural Designs – Geotechnical Report – Topographical Survey – Easements & Utility Plans – Complete Development Packet with all necessary documentation to proceed with construction Reach out for link to full development packet. OM & drawings attached in listing.

Address Map
US
UT
Sevier
Richfield
84701
E25° 26' 54.5''
N36° 22' 48.4''
1247-1117 500 W
Central Sevier
Multi-Family
Neighborhood
Ashman
Sevier
Richfield
Sevier
Sevier
Red Hills
Additional Information
0.0x0.0x0.0
2024-12-03
28
: Residential
22548
Financial
300.0
Listing Information
1321559
99000111
Assumable,Cash,Conventional,Exchange,Owner 2nd,Seller Finance,Seller Will Subordinate
Active
2024-12-06T17:34:50Z
WFRMLS

Residential For Sale

, Richfield, Utah 84701

36 Bedrooms
34 Bathrooms
22,548
$628,900
Listing ID #2053171
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 2053171
Price : $628,900
Bedrooms : 36
Bathrooms : 34
Square Footage : 22,548
Year Built : 2025
Lot Area : 1.13 Acre
Status : Active
Office Name : NRE
Agent Name : Austin Seegmiller
Listing Status : Active
New Construction Yn : 1
Property Sub Type : > 4 Units
Agent info
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