For Sale
$3,000,00027.99 Acres
For Sale

1100 N HIGHWAY 89, Ephraim, UT 84627 - Sanpete County

Undeveloped
Static Google Map
Property ID 18651326

Multi Family - Ephraim, UT

Sale fell thru. Back on market. Ephraim is experiencing a severe housing shortage. The timing is right for a project like this. Seller has zoning in hand for 360 units that can either be apartments, townhomes condos or a mixture but approval is in hand for 360 units. Also approximately 3.7 acres approved for storage units and an additional 4 acres zoned commercial. Located just north of the Wal Mart in Ephraim on highway 89. Feasibility study, soils, engineering plats in hand and available by request. Feasibility study shows 100% occupancy as each building is finished due to the severe housing shortage. Approved plat is attached. Buyer will need to obtain final plat approval but zoning and density have already been approved. Approximately 60 days needed to obtain final plat approval once engineering is done and submitted to city. Sale includes surveys soils and all engineering done to date.

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Location

K

Kourosh Zadeh

Equity Real Estate (Solid)
(801) 208-5872

Message

Kourosh Zadeh

Equity Real Estate (Solid)