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Updated about 7 years ago on . Most recent reply

User Stats

136
Posts
91
Votes
Sam Newell
  • Real Estate Agent
  • Lehi, UT
91
Votes |
136
Posts

BRAND NEW TRIPLEX IN UTAH (SILICON SLOPES) - GREAT INVESTMENT

Sam Newell
  • Real Estate Agent
  • Lehi, UT
Posted

BRAND NEW TRIPLEX - Will be finished mid March. GRANITE COUNTERTOPS, MOUNTAIN VIEW, 7 ACRE PARK with play sets, swings and zip lines for kids. View Listing

This triplex will be finished soon and ready to rent. Just 2 minutes from the freeway and 5 minutes from downtown American Fork and amenities like Costco, Walmart, Homedepot, Restaurants, and more. Please no showings without an accepted offer and please do not trespass as it is still under construction. HOA covers all exterior maintenance, park maintenance, snow removal, internet, water/sewer/garbage, and all common areas.

Offering

Most Popular Reply

User Stats

410
Posts
337
Votes
Douglas Larson
  • Rental Property Investor
  • Salt Lake City, UT
337
Votes |
410
Posts
Douglas Larson
  • Rental Property Investor
  • Salt Lake City, UT
Replied

"Great deal?" 

Looks like a negative cashflow even with 20% down. Do you have some other insight or advantage? Amazing financing or a discount to investors? If the only return is the hope of apreciation, that's not a great deal. It's a retail purchase with the hope of continued appreciation (or at least inflation).

  • Douglas Larson
  • Podcast Guest on Show #41
  • Loading replies...