xhv8mzw7ge79waga35o97s2wbzpfr6 The Village on Greenway - Fourplex Investment | El Mirage, AZ | FIG

295 W Center St, Suite A

Provo, UT 84601

(801) 758-8970

(Brokered by RE/MAX Equity & partners)

CONTACT US

FIG DISCLAIMER: No investments are guaranteed to result in profits. Net operating income, cap rates, and internal rates of return are subject to fluctuation and may experience a wide range of change, including the potential for operating losses. Factors affecting investment returns include, without limitation, changes in interest rates, tenant vacancies and defaults, property management expenses, repair and maintenance costs, HOA expenses, litigation, insurance rates, and relative strength and weakness in the local and regional economy. Past performance is not a guarantee of future returns. FIG does not provide tax or legal advice, and none of the statements or information on our website or sales materials should be construed as tax or legal advice. All investors are encouraged to seek advice from their own tax and legal professionals. All estimated returns on investments in FIG projects are subject to change and may be significantly different from actual financial performance. FIG is a brand used for the purposes of marketing. FIG is not an actual company but is used to brand the investment strategy used by those marketed on this website. © 2020 FIG & RE/MAX Equity

Village on Greenway

– El Mirage, AZ –

Project Details

NOI/Month:
NOI/Annual:
Cash Flow/month:
Cash Flow/year:
Cap Rate:
10 YR IRR:

$3,538
$42,451

$800
$9,598
6.2%
12.9%

(includes vacancy, expenses and property management fees)

The Salt Lake metro area continues to be one of the national leaders in employment expansion.  High paying tech jobs are flooding into the area and are resulting in raising rents in the core urban centers which are located close to mass transit.  Tenants looking for more affordable housing now have two choices: 1) go south, or 2) go west.  

 

Payson, UT is located on the South Side of Utah County and is poised to take advantage of the growth pressing along the I-15 corridor.  “The metro’s population rate rose 1.4% in 2017, double the national rate. Boosted by prolonged demographic and economic expansion, demand is bound to remain strong, particularly for workforce housing, as 40 out of 45 multi family projects under construction in the metro are Lifestyle segment.” (Yardi Matrix)

For more information contact:

Sherida Zenger    801.787.6665    sherida@fig.us

Steve Olson     801.362.3392     solson@fig.us

Chase Leavitt   435.632.7028    chase@fig.us

Oakridge Farms Fourplexes are presented by:

Sherida Zenger, RE/MAX Equity

Steve Olson, RE/MAX Equity

Chase Leavitt, RE/MAX Equity

in partnership with FIG – Fourplex Investment Group.

Village on Greenway Documentation

Photos & Renderings