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468 W DEE DR, Garden City, UT 84028
468 W DEE DR, Garden City, UT 84028
Units
10
Price/Unit
$77,500
Price/Sqft
$269
Est Gross Yield
15.3%
$118,800/yr est.
| Type | Count | Beds | Baths | Sqft | Rent/Mo |
|---|---|---|---|---|---|
| 1BR / 1BA | 10 | 1 | 1 | 288 | — |
| Total | 10 | 10 | 10 | 2,880 | — |
Unit mix data is reported by the seller or listing agent through the MLS and may be inaccurate or incomplete. Buyers should independently verify all information and conduct their own due diligence before making any investment decisions.
**Unique 10-Unit Investment and Employee Housing Opportunity in Garden City!** This multi-unit property features five manufactured homes on permanent foundations, each configured into two independently accessible studio-style rental units, offering a total of 10 private living spaces on a single parcel. Built in 2012, each 576-square-foot structure contains two studios, each with its own exterior entrance, private bathroom, sleeping/living area, and galley kitchen equipped with a refrigerator, stove, and sink. Currently utilized for employee housing and rental accommodations, with existing tenants in place, this property presents an attractive opportunity for investors seeking a multi-unit rental property or businesses needing seasonal or year-round workforce housing in the Bear Lake area. The individual studio configurations provide flexibility for tenant occupancy while allowing for centralized ownership and property management. Conveniently located approximately 0.8 miles from the intersection of US-89 and Bear Lake Boulevard in downtown Garden City, the property offers easy access to local businesses, restaurants, and Bear Lake recreation. Mature trees surround portions of the property, with a canal running along the rear. With 10 independently accessible rental units across five structures on one parcel, this property offers a distinctive opportunity to acquire an established multi-unit housing arrangement in Garden City.
Listed by Teri Eynon · Real Estate of Bear Lake, LLC
468 W DEE DR, Garden City, UT 84028
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Cap Rate
10.19%
Cash-on-Cash
14.71%
Cash Flow
$3,563/mo
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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.
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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 11/15/2026, 2:06:59 AM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing data provided by UtahRealEstate.com.