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1100 N Highway 89 , Ephraim, UT 84627
$2,500,000
Est. Payment: $12,422.51/mo
0 Bed
0 Bath
0 Sqft
Status: pending | Days on site: 455
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Ardivus Brivity
Sooper Dooper Guy
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House Description

Seller is willing to carry 50% for 18 months but purchase price would need to be $3,000,000. for those terms. Ephraim is experiencing a severe housing shortage. The timing is right for a project like this. Seller has zoning in hand for 360 units that can either be apartments, townhomes condos or a mixture but approval is in hand for 360 units. Also approximately 3.7 acres approved for storage units and an additional 4 acres zoned commercial. Located just north of the Wal Mart in Ephraim on highway 89. Feasibility study, soils, engineering plats in hand and available by request. Feasibility study shows 100% occupancy as each building is finished due to the severe housing shortage. Approved plat is attached. Buyer will need to obtain final plat approval but zoning and density have already been approved. Approximately 60 days needed to obtain final plat approval once engineering is done and submitted to city. Sale includes surveys soils and all engineering done to date.
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Highlights

Listed by David Priest , Equity Real Estate (Solid) , Wasatch Front Multiple Listing Service

Property Type

Vacant Land
Lot/Acreage
27.99

County

Sanpete

Area

Ephraim; Manti

 School District

South Sanpete

Listing ID

1899082

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:

Exterior Features

Lot:View: Mountain,Terrain: Flat,Excl. Mineral Rights,Excl. Oil/Gas Rights
Lot Dimensions:0.0x0.0x0.0
Garage Capacity:0
Zoning:Multi-Family, Commercial, Industrial
Sewer:Sewer: Available
Principal Interest
$12,423
Taxes
$833

Home Price

$2,500,000

Loan Details

30 yrs
6.333%

Down Payment

20%
$500,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$12,422.51

Principal

Taxes

Principal Taxes HOA Total
Monthly $12,422.51 $833.33 $0.00 $13,255.84
Yearly $149,070.12 $10,000.00 $0.00 $159,070.12
Total $4,472,103.56 $300,000.00 $0.00 $4,772,103.56
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ardi preflender
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Market insight data is pulled from the same city as the listing being viewed (Ephraim, UT).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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 © 2014 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.

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Data last updated: 2026-07-05T15:24:00.000Z

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