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Ardivusx Brivity

Sooper Dooper Guy | Robert Davis's Site

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819 W 50 N , Richfield, UT 84701
$2,589,000
Est. Payment: $13,895.39/mo
36 Bed
24 Bath
13800 Sqft
0.01 Acres
Status: Active | Days on site: 11
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70220 - 1320659,85699
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Ardivusx Brivity
Sooper Dooper Guy

House Description

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.

Highlights

Listed by Mason C Shaver , 435-893-7253 and Michael S Shaver , 435-893-1682 Green Valley Brokers , 435-893-7253. Wasatch Front Multiple Listing Service

Property Type

Multi-Family

Lot/Acreage
0.01

Year Built

2008

County

Sevier

Area

Central Sevier

Neighborhood

Willow Creek

School District

Sevier

Listing ID

2186822

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:36
  • ▪ Bathrooms:24
Floor:Carpet,Tile
Other:
  • ▪ Bath:Primary
  • ▪ Range/Oven:Free Stdng.
  • ▪ Dishwasher:Built-In
  • ▪ Additional:Disposal
Water:Culinary

Exterior Features

Lot:Sprinkler: Auto-Part
Lot Dimensions:0.0x0.0x0.0
Garage Capacity:0
Zoning:Multi-Family
Roof:Asphalt,Pitched
Others:
  • ▪ Additional:Double Pane Windows, Blt./Standing
Sewer:Sewer: Connected,Sewer: Public
Principal Interest
$13,895
Taxes
$861

Home Price

$2,589,000

Loan Details

30 yrs
7.083%

Down Payment

20%
$517,800
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:
$13,895.39

Principal

Taxes

Principal Taxes HOA Total
Monthly $13,895.39 $860.92 $0.00 $14,756.31
Yearly $166,744.70 $10,331.00 $0.00 $177,075.70
Total $5,002,341.09 $309,930.00 $0.00 $5,312,271.09
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Market insight data is pulled from the same city as the listing being viewed (Richfield, 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.

IDX service by Blueroof 360

Data last updated: 2026-10-03T21:32:17.000Z

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