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73 W 500 S, Richfield, UT 84701
$3,394,000
73 W 500 S, Richfield, UT 84701
Units
11
Price/Unit
$308,545
Price/Sqft
$238
Est Gross Yield
5.4%
$182,784/yr est.
Property Details
Unit Mix
| Type | Count | Beds | Baths | Sqft | Rent/Mo |
|---|---|---|---|---|---|
| 2BR / 2BA | 5 | 2 | 2 | 1,250 | — |
| 3BR / 2BA | 6 | 3 | 2 | 1,350 | — |
| Total | 11 | 28 | 22 | 14,350 | — |
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.
Description
Investment opportunity to purchase all or part of this project. Building 3 has 11 units. There are 4 units per level (excluding one 3 bed unit previously sold on level 1). 6 units with 2 bed, 2 bath and 5 units with 3 bed, 2 bath. Pricing adjustments if you don't want the entire building. This location is growing in popularity. Close to Snow College, Richfield Campus, ATV, Side by Side, Biking, Hiking and so much more recreation in this area has created a new level of interest and need for housing. This condo project was built in 2022 but the units available were not sold. There are a total of 21 units between building 2 & 3. Brand new and ready for buyers. Construction is quality and includes nicer finishes than typical. Please be sure to share this with your investors and also consider for individual sales. Included Parcel #'s as follows - BLDG 3 = 6-150-25UNIT 101, 6-150-26UNIT 102, 6-150-27UNIT 103, 6-150-29 UNIT 201, 6-150-30 UNIT 202, 6-150-31 UNIT 203, 6-150-32UNIT 204, 6-150-33 UNIT 301, 6-150-34 UNIT 302, 6-150-35 UNIT 303, 6-150-36 UNIT 304.
Listed by Becky Ellis · Utah Key Real Estate, LLC (Southern)
Location
73 W 500 S, Richfield, UT 84701
Proforma
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Cap Rate
3.58%
Cash-on-Cash
-2.92%
Cash Flow
-$3,097/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 10/7/2026, 8:30:40 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.