Newly Built Rental Properties from Trusted Sources
Looking for fourplexes or other properties in landlord friendly markets that are already built? The FIG team regularly hears from well qualified builders and developers who offer solid cap rates on brand new construction investment properites.
Check out the latest listings below!
Colony Farms 4plex
7337 Laxey Street - Magna, UT 84044
- Unit Mix:
Fourplex - Each unit is 3 Bed/2.5 Bath, 1 car attached garage, 1324/sqf per unit.
- Gross rents:
$7315/mo
- Expenses:
$2456 /mo
- Cap Rate:
4.1%
- Price:
$1,350,000
- Comments:
Fourplex built in 2021 in Colony Farms, a master-planned 4plex community in Magna, UT. 100% occupied. Seller willing to purchase a forward commitment, locking your interest rate in at 5.5% on a conventional 30 year fixed rate loan. Buyer must qualify through Momentum Loans to secure the forward committed rate. Tenants in Colony Farms have access to a clubhouse, fitness center, pool, playground, and dog park. All units are "smart" with a doorbell camera, smart lock, and smart thermostat. HOA covers water, sewer, trash, all common area maintenance, exterior maintenance (including roof), and reserves. Click the "request info" button to contact us!
Porter's Crossing 4plex
8177 North Calf Creek Lane - Eagle Mountain, UT 84045
- Unit Mix:
Fourplex - 3 units are 3 bed, 2.5 bath, with 1 car attached garages. 4th unit is 3 bed. 2.5 bath, 2 car garage. Inquire for square footage details.
- Gross rents:
$6702/mo
- Expenses:
$1834/mo
- Cap Rate:
4.3%
- Price:
$1,350,000
- Comments: