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1117 Country Hills Dr Dr

Ogden, UT 84403
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Bed 17

Bed

Bath 9

Bath

SqFt9,422

Sqft

Acres0.75

Acre(Lot)

***SELLER FINANCING*** - Seller financing at 5% fixed for 11 years & only 8% down to close Country Hills Apartments is a fully stabilized nine-unit multifamily asset located at 1117 Country Hills Drive in Ogden, Utah, offered with a documented pathway to expand to 18 or 23 total units on site. Originally converted from office use in 2023, all interiors are fully upgraded and all nine units are currently leased. Current rents are below market. Interior finishes are in upgraded condition, and the discount reflects the exterior's unfinished state rather than unit quality. A buyer can raise rents by investing in exterior improvements prior to construction, or bundle those upgrades with the expansion and execute both simultaneously. The property is zoned R-4 and sits on approximately 0.7 5 acres. Ogden City has previously granted full approval for a nine-unit, two-story expansion to 18 total units based solely on the main parcel, requiring no third-party cooperation. A second adjacent parcel, currently held in part by two neighboring HOAs, would unlock a third-floor expansion to 23 total units if consolidated. Architectural and engineering drawings for the full 23-unit configuration are complete and have received prior city approval, reducing both cost and timeline risk for a buyer pursuing that path. In anticipation of the expansion, the sellers upgraded the existing building's water line and fire suppression system to support the new structure, creating direct cost savings for a future developer. Investment highlights - Stabilized 9-Unit Income Base with Immediate Value-Add Rent Upside - Approved by-right expansion to 18 units with no third-party cooperation required - Full entitlement pathway to 23 units with completed architectural and engineering drawings - Seller financing at 5% fixed for 11 years & only 8% down to close - Rent upside available through exterior improvements without waiting on expansion - Infrastructure already upgraded to support new construction, reducing future development costs - Adjacent to Intermountain McKay-Dee Hospital, one of Utah's top-ranked regional employers

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Detail Ic Property Details

Property Type : Residential

Price : $2,500,000

AD Id : 80005440

MLS Id : 2160595

Beds : 17

Lot Size : 0.75 Acre

Living Area Size : 9,422

Year Built : 1978

County : Weber

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Feature Features

  • Bedroom Information

    Total beds: 17

    Bathroom Information

    Total Baths: 9
  • Heating & Cooling

    Heating: None Cooling: None

  • Building Information

    Year Built: 1978 Building Area Total: 9422 Frontage Length: 0.0 Private Pool: No

  • Lot Information

    Lot Dimensions: 0.0x0.0x0.0 Main Square Feet: 0.75 Acres Lot Size Acres: 0.75 Lot Size Square Feet: 32670

  • Listing Price Information

    Listing Price: $2500000

  • Tax Information

    Parcel Number: 06-081-0021 Annual Tax: $6595

  • School Information

    Elementary School: Shadow Valley
    Junior High School: Mount Ogden
    Senior High School: Ogden
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1057 Doxey St, Ogden, UT, 84403 $399,900 3 2 2,224 2,224 SqFt
1060 E Sullivan Rd, Ogden, UT, 84403 $449,000 4 2 1,632 1,632 SqFt
1070 40th St, Ogden, UT, 84403 $530,000 5 2 376 376 SqFt
3501 Quincy Ave, Ogden, UT, 84403 $559,900 6 4 2,924 2,924 SqFt
3369 Gramercy Ave, Ogden, UT, 84403 $475,000 4 2 1,852 1,852 SqFt
1165 Edgewood Dr, Ogden, UT, 84403 $2,250,000 20 16 5,320 5,320 SqFt
4547 S Madison Ave, Ogden, UT, 84403 $799,000 9 5 3,884 3,884 SqFt
803 Bel Mar Dr, Ogden, UT, 84403 $549,000 5 3 2,868 2,868 SqFt
668 E 37th St, Ogden, UT, 84403 $359,900 3 2 1,840 1,840 SqFt

Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 07/18/2026 @ 12:25. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

ByOwner last updated this listing 07/18/2026 @ 12:25

MLS: 2160595 LISTED BY: Vicente Cantua, CBRE, Inc 801-869-8000 SOURCE: UtahRealEstate (Wasatch Front)

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