Townhome Style Duplexes 7.

95% Cap Rate

3354-60 S 8000 W Magna, UT 84044

List Price $368,000 Annual GOI (Gross Operating Inc)$40,800 Annual NOI (Net Operating Inc) $30,422 Cap Rate 7.95%

4920 SF : Year Built 1996 12 Bedrooms : 4 Bathrooms 100% Occupancy

Joseph H. Mills, Principal Broker 801-971-2542 joseph@irautah.com

715 E 3900 S Suite 208 Salt Lake City, UT 84107

Finanicial Summary
Monthly $3,325 $75 $3,400 3% $3,298 Residen al Units Bed/Bath SQFT Unit 1 3/1 1230 Unit 2 3/1 1230 Unit 3 3/1 1230 Unit 4 3/1 1230 12/4 4920 Rent/mo $850 $850 $825 $800 $3,325

3354-60 S 8000 W Magna, UT 84044

Gross Scheduled Income Auxillary Income Total Income Est Vacancy Rate Income Montly Expenses Gas Electric Water Trash Insurance ($/yr) Taxes ($2350/yr) Landscaping/Snow Removal (est) Property Management (est 6%) Repairs and Maintenance (est) Total

U li es tenant pays gas & electric tenant pays gas & electric tenant pays gas & electric tenant pays gas & electric

$0 $0 $150 $40 $50 $196 $75 $204 $150 $859

Building Specs Two Duplexes on one Parcel (4 rental units) Year Built 1996 Total SQFT 4920 12 Bed/ 4 Bath 10 Parking Stalls 4 Gas Meters 4 Electric Meters 4 Water Meters 4 Water Heaters (only 3 years old) 4 Evapora ve coolers (only 3 years old) 4 Furnaces

List Price $368,000 Monthly NOI (Net Opera ng Inc) $2,439 Annual NOI (Net Opera ng Inc) $29,271 Cap Rate 7.95% Remarks

100% occuppied & always easy to rent. Current owner has run at a 0% vacancy rate for years. Rents are below market and the rental units are some of the best in the city. Close to shopping, great curb appeal, low maintenance, List Price well $390,000 well maintained, managed, some of the best kept rental properties I've 4920 come across. SeniorBuilt assisted living facitiy SF : Year 1996 asAnnual neighbors. GOI Quite with secluded back yards. Inc) Nice large paved parking area with 10 parking stalls, including (Gross Operating $40,800 12 Bedrooms : 4 Bathrooms designated guess parking. do not disturb under any circumstance. Tenants unaware of sale. Annual NOI (NetPlease Operating Inc)tenants $30,422 100% Occupancy Make offers "subject to inspection" Cap Rate 7.80%

Joseph H. Mills, Principal Broker 801-971-2542 joseph@irautah.com

715 E 3900 S Suite 208 Salt Lake City, UT 84107