800 W Highway Dr, Wellington, UT 84542

Local realty services provided by:ERA Brokers Consolidated
800 W Highway Dr,Wellington, UT 84542
$4,550,000
  • 75 Beds
  • 38 Baths
  • 30,000 sq. ft.
  • Multi-family
  • Active
Listed by: sean shoemaker
Office: realtypath llc. (home and family)
MLS#:2117038
Source:SL

Price summary

  • Price:$4,550,000
  • Price per sq. ft.:$151.67

About this home

The Ridges presents a rare opportunity to acquire a 37-unit multifamily community in one of Central Utah's most desirable residential locations. Located just over an hour from Spanish Fork in Utah County, the property has experienced virtually zero vacancy under current management and features spacious, bright units with in-unit laundry, private balconies, and stunning valley views, complemented by a community park and ample covered parking. Offering a stabilized 5.5% cap rate based on below-market rents with 6% interest rate financing assumptions, The Ridges provides immediate income stability and attractive upside potential through rent growth, operational efficiencies, and incremental property improvements. Ideally positioned along U.S. Highway 6-the primary eastwest route through Carbon County-The Ridges connects Wellington and Price, the region's commercial, educational, and healthcare hub, and serves as a key gateway to Central Utah and premier national parks including Moab and

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Home facts

  • Year built:1980
  • Listing ID #:2117038
  • Added:70 day(s) ago
  • Updated:December 21, 2025 at 11:58 AM

Rooms and interior

  • Bedrooms:75
  • Total bathrooms:38
  • Living area:30,000 sq. ft.

Heating and cooling

  • Heating:Forced Air, Gas: Central

Structure and exterior

  • Roof:Asphalt, Pitched
  • Year built:1980
  • Building area:30,000 sq. ft.
  • Lot area:3.13 Acres

Schools

  • High school:Carbon
  • Middle school:Mont Harmon
  • Elementary school:Wellington

Utilities

  • Water:Culinary, Water Connected
  • Sewer:Sewer Connected, Sewer: Connected, Sewer: Public

Finances and disclosures

  • Price:$4,550,000
  • Price per sq. ft.:$151.67
  • Tax amount:$24,904

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