Are you looking for a great investment opportunity in Utah? Look no further than this investment property for sale in Springtree Garden Condos.
This 1 bed/1 bath unit is currently occupied by a tenant who is paying $770 a month on a month-to-month lease. That means you’ll have immediate cash flow as soon as you purchase the property. Plus, the tenant has already been living there and paying rent for some time, so you won’t have to worry about finding a new tenant right away.
The location of this condo is also a major selling point. It’s close to schools, shopping, restaurants, and more, making it a desirable location for tenants. This means you’ll have no shortage of potential renters if the current tenant decides to move out or if you decide to invest in more properties in the area.
But why invest in real estate in Utah specifically? According to a recent report by Zillow, home values in Utah have been steadily rising over the past few years. In fact, they’re projected to continue to rise in the coming years, making now a great time to invest in the state’s real estate market.
Additionally, Utah’s population has been steadily growing, which means there will be even more demand for rental properties in the coming years. This makes investing in an investment property like this one a smart financial move.
Overall, this Utah investment property for sale is a great opportunity to start or grow your real estate portfolio. With a current tenant in place, a desirable location, and a growing real estate market, this property has everything you need to make a smart investment. Don’t miss out on this opportunity – contact the seller today to learn more!
600 N 2450 E, St George, UT 84790
