16 Beds | 8 Baths | 0 Garage | 7,208 Sq Ft
Excellent 8-unit investment opportunity in Vernal. This property has seen extensive updates, including a roof replacement in 2019. The property has 4 swamp coolers, all of which were replaced in 2019. Outlets and plumbing valves have also been replaced. Six of the 8 units have been remodeled, with the 7th unit to be completed prior to closing. The 8th unit has long-term renters in place and has not been updated, offering continued rental income with future value-add potential. Seven units are currently rented, and the property has maintained consistent occupancy across all 8 units, making this a strong option for investors looking for rental income potential with the heavy lifting already done. Proof of funds and offer must be submitted prior to showings. Due to tenant occupancy, access may be limited and all units may not be available to view at the same time. Please do not disturb tenants. Square footage figures are provided as a courtesy estimate only and were obtained from tax records. Buyer is advised to obtain an independent measurement.
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