MLS Number: #2014153
INVESTORS! This is a newer fourplex in the Pineridge Farms apartment complex in Payson, Utah. Gross rent represents 6.44% cap rate at the asking price! The property consists of four units, each 2 bed... Read More, 2 bath. HOA fees are $1040 per month. Current leases are 12 months and are as follows: Unit A $1409.50 Unit B $1485.50 Unit C $1308 Unit D $1438 TOTAL - $5641.00 Pictures are not of the actual units, but merely a representation provided by the management company. Actual properties were purchased per-construction by the current owner, who opted to purchase several upgrades offered by the developer, including engineered wood floors, granite countertops, and a stainless steel package for the kitchen, meaning tenants will prefer these units over ones without the upgrades. No showings will be available until the property is under contract so as to not disturb tenants. The property manager will arrange showings during the due diligence period. The property is currently professionally managed by Maxx Property Management, which offers investors 7% management fee on gross rents collected and is the HOA-designated master property management company for this development. HOA Services include: Water, Sewer Landscape Maintenance, Snow Removal, Garbage Service, Internet, Smart Home, and Master Insurance Policy features. Property is being sold BY OWNER. Read Less
Newbie Agent
Parking/garage information
Heating & cooling
Basement & other information
Building information
Exterior features
Property information
Lot information
Land information
Utilities information
HOA information
Listing information
Amenities
Taylor
Payson Jr
Payson
A Newbie buyer's agent understands the local real estate market and can provide insights into new construction developments, builders, and neighborhoods.
They negotiate on behalf of the buyer to secure the best price, incentives, and terms with the builder. This includes negotiating upgrades, closing costs, and warranty terms.
They research the reputation of builders and developers to ensure the buyer is working with a reputable and reliable company.Contract Review: They review the purchase agreement and other documents to ensure the buyer's interests are protected and all terms are clear and fair.
They can advise on the importance of independent inspections during the construction process and at key milestones to ensure quality and compliance with building codes.
They assist the buyer in selecting options, upgrades, and finishes that align with their preferences and budget.
In case of issues or delays during the construction process, the buyer's agent advocates on behalf of the buyer and works with the builder to find solutions.
They guide the buyer through the closing process, ensuring all necessary paperwork is completed accurately and on time.
Here are the nearest homes in a similar price range
WHY NEWBIE
Your very own trusted buyer’s representative.
Paid for by the builder.
Newbie is the only place you can find all new homes on the market.
Newbie distinguishes itself from other real estate agencies in two significant ways. Firstly, while most agencies only provide data on a small portion of the new homes and communities on the market, often restricted to builders who pay for listings, we offer comprehensive intel on 100% of new homes and communities, including those not yet on the market. This gives our clients a significant advantage in their search for their ideal home. Additionally, we have established partnerships with various businesses to offer a Newbie Cash Back program, enabling our clients to afford their dream homes more easily. At Newbie, we go above and beyond to provide unparalleled access and financial support to our valued clients.
With Newbie, purchasing a house comes commission-free! That's right, you heard it correctly. In a standard real estate transaction, the seller is responsible for covering the commissions of the buyer's agent and their own selling agent. At Newbie, we take it a step further with Newbie Cash Back, which covers many of the usual fees and expenses associated with home purchases. Now you can focus on the payment of the home itself. We even go the extra mile by providing assistance with procuring new furniture for your new home, ensuring a memorable experience throughout your home-buying journey.
We have established valuable partnerships with home builders, vendors, and a mortgage lender to maximize the cash back you receive when purchasing your new home through Newbie. Our Newbie Cashback program operates in three integral parts. Firstly, we collaborate with builders who offer enticing promotions to help you secure the home of your dreams. Additionally, by utilizing our preferred lender, you gain financial benefits that can be applied towards closing costs or buydowns. Lastly, we leverage our commissions to ensure you have everything you need, whether it's cash for a buydown, assistance with lawn care, blinds, furniture, or any other necessities. At Newbie, we strive to make the affordability of your new home a seamless and rewarding experience.
At Newbie, our expertise extends beyond assisting clients in purchasing new homes. Our highly trained agents are also well-versed in listing homes. With a deep understanding of buyer preferences and market dynamics, we possess the knowledge and skills necessary to effectively market your home and expedite the process of finding your dream home. By leveraging our insights and experience, we streamline the selling process, ensuring optimal results and a swift transition into your ideal living space.
At Newbie, we understand the importance of seamless communication and prompt assistance for our users. When you have questions or inquiries, there are multiple ways to reach out to us. If you have specific queries regarding a particular property or subdivision, you can simply click on the "Request Information" button to send us a message or schedule a personalized tour for an in-person experience of your desired location. For more general assistance, you can visit our "Contact Us" page or reach us via call or text at 385-475-3343. Once you are matched with one of our dedicated agents, a simple call or text will directly connect you with your assigned agent, who will be delighted to address all your real estate needs promptly and efficiently. At Newbie, we prioritize seamless communication to ensure a smooth and satisfying experience for all our clients.
At Newbie, we are currently focused on assisting individuals in finding their perfect homes within the state of Utah as we embark on our journey. However, we have ambitious plans to expand nationwide in the near future. We value your input and welcome recommendations on which state we should prioritize next. If you have any suggestions or would like to share your thoughts, please don't hesitate to reach out to us. Your feedback is greatly appreciated as we work towards broadening our reach and providing exceptional real estate services beyond Utah.