I just listed this property for sale located at 2261 Jefferson Ave. in Ogden. This income property is located just two block from The Junction and is walking distance to the Ogden River Parkway, worship centers, restaurants, shopping, and more. It is a great location. Our brokerage has handled the property management for this building for the past couple of years. The building has great tenants that have passed our vigorous background screening as wells as a stable expense structure. The building currently generates $1,415 per month in rent revenue. […]
... Read MoreI just closed on the sale of this brick triplex property in Ogden. While the building looks like a house, it was originally constructed as 3 units with a single bed unit upstairs, a 2 bed unit on the main level, and a spacious 1 bedroom basement unit below. The building generates $1,800 in rents with the owner paying for water and joint gas utilities. This property boasts an ROI of around 13% annually. We originally listed the property for sale in October 2014 for $164,900. The property sat […]
... Read MoreI just closed on the sale of this interesting fourplex located at 2943 Porter Ave. in Ogden. We listed this property in April for $174,900. The owner had some particular objectives he wanted to achieve and it necessitated us only selling the property via seller financing. We received our first offer just days after listing the property. This initial offer was at $169,900 and we went under contract. Unfortunately, the property was in a state of flux as tenants were coming and going and work was being performed on the […]
... Read MoreI recently hosted a meeting for real estate investors to discuss current market trends and identify investment strategies. Josh Irvine also took some time to discuss estate planning and how to properly arrange business structures to protect against liability risk. The meeting was well attended and we had some very good questions asked. Here is the video of our presention:
... Read MoreReal Estate is a powerful tool for creating wealth. It is a relatively stable investment that can be used to reduce tax burdens, improve income, increase net worth, and preserve wealth through the generations. So, when it comes to getting in the market and finding the right investments, it is important to know the underlying market trends that are making things happen. Since residential income property is one of the best sources of rent revenues, lets take a look at how the market has behaved over the past several years. […]
... Read MoreVesta Real Estate | Ogden, UT 84401 | office@vesta-real-estate.com