1165 EDGEWOOD Dr
Property Description
Excellent investment opportunity at 1165 Edgewood Dr, a 12-unit multifamily complex located in the heart of Ogden, currently bringing in over 185K in annual revenue, Priced at a 6 CAP as is!!! All units are currently rented, providing immediate cash flow from day one. Several of the units have been updated and remodeled, offering a strong blend of stabilized income with upside potential through continued interior improvements and rent optimization. The property features a well-balanced unit mix, long-term tenant demand, and a proven rental history. Recent updates in select units enhance overall appeal while leaving room for a value-add strategy for future ownership. Ideal for both seasoned investors and portfolio builders seeking a solid, income-producing asset in a growing Northern Utah market. Conveniently located near major commuter routes, local employers, shopping, dining, and recreation, this property benefits from consistent rental demand. Professional management in place makes this a smooth transition for a new owner, whether self-managing or continuing third-party management. **Do not disturb tenants.** Financials available upon request. This is a rare opportunity to acquire a fully occupied, multi-unit property with both stability and upside in Ogden.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $2,149,999 |
| No. of Units: | 12 |
| Year Built: | 1968 |
| Lot Size: | 12,616.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $179,167 |
| Property Website | Click Here |
| Number of Bedrooms: | 20 |
| Number of Bathrooms: | 16 |
ID: 3yd-WFRMLSUT-2133935
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