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BUY SMART!
Save Thousands working with Communie RE
Existing Home In
Richfield City
,
Sevier County
, UT 84701 . Subdivision: WILLOW CREEK
Home
/
Utah Existing Homes
/
(1543934 Views)
Communie Savings
Up To:
$61,300
Price Change!
819 W 50 N ,
Richfield City
,
Sevier County
, UT 84701
The Home
Status: Active / Style: Stories: 3 /
/SQF
2,750,000
EST. Mortgage
$
/mo
*
Mortgage Calculator
Home Price:
Down Payment:
Loan Term:
30 Years Fixed
15 Years Fixed
Interest Rate
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Cash cow investment with 100% occupancy near Snow College Richfield campus. This is an incredibly rare opportunity to own a fully occupied, well-maintained 12-unit apartment complex in the heart of Richfield, Utah - just steps from Snow College. With stable, long-term tenants and a proven history of consistent rental income, this property is a true turnkey investment. Current rents average $1,041/month per unit, well below market value - which means there's a strong potential upside. Similar units in the area are renting for around $1,400/month, offering immediate potential to significantly increase cash flow. Prime location provides lasting value. Located in one of Richfield's most desirable neighborhoods, this property benefits from its proximity to Snow College, ensuring ongoing rental demand and strong property values. The grounds are meticulously maintained, and the surrounding area is quiet, safe, and family-oriented. The building attracts quality tenants-primarily working families-who pay on time and value the sense of community. All leases are month-to-month, providing flexibility for future rental adjustments. The property features a shared community orchard with fruit trees, horseshoe pits, and a barbecue area, creating a welcoming, relaxed environment. Proven management provide responsive, same-day maintenance and a family-like management approach have fostered a strong sense of trust and loyalty among tenants, making this a positive influence on the wider community. This listing is for 1 of 2 buildings available. Each building has 12 units, and both buildings can be purchased separately or together as a pair for maximum investment value and income opportunity. Other listing is MLS #2104671
MLS#: 2104672
Price Decreased From 3,125,000 To 2,750,000
0
435.6 Lot Size Sq. Ft.
13800 Finished Sq. Ft.
36 Beds
24 Baths
2,750,000
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* Estimated Mortgage based on an average mortgage rate of 6.42 30 Year Fixed. This rate is offered with 20% down and a credit score of 740+ Taxes and Insurance not included.
Property Listed By Green Valley Brokers
Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
The multiple listing information is provided by Wasatch Front Regional Multiple Listing Service, Inc. from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.