Agent Comments
**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.
Exterior Features
- Pool: false
Additional Features
- County: Sevier
- Property Type: > 4 Units
- Tax Number: 1-7A-123
- Stories: 0
- Year Built: 2025