Friday, July 28, 2017

Utah County Multi Unit Investment Property

Hey everyone Brian Olsen here.

I'm Vineyard right now and I just love this little town, it's not that little anymore it's been growing like crazy, but I had an opportunity this morning to go to a class and just want to stop and take a moment share a couple thoughts.

The class was taught by a Steve Bond. Steve Bond is a great realtor I met him when I first started my real estate career about five years ago now and the thing about Steve is, I was so impressed that he has such an abundance mentality. He is so willing to help people, he is an awesome realtor.

But anyway he was discussing and teaching about multi-unit investment properties up to fourplexes,
so duplex, triplex, and fourplexes and just wanted to share with you a little bit of information about Utah County. Right now, as of this morning there's 15 properties that are listed with Realtors in Utah County in that category, so not much inventory. There's 25 that are under contract and 140 have sold in the last 12 months here in Utah County.

So multi-housing I have a number of clients looking to purchase duplex, triplex, and fourplex once you go above that it has a different financing nuances that you need to look at.

But up to that point if you have a property like that now is a great time to consider selling.

Take care!
Wallsburg World Realtor

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