Now offering an incredible investment opportunity in the heart of Hildale, UT--this fully renovated 49,000 sq/ft multifamily apartment complex is currently operating as a 40-unit apartment building with long-term tenants, providing immediate cash flow and stability. Situated on 1.72 acres and zoned commercial, this property presents a wealth of possibilities for future use, including assisted living, rehabilitation center, boutique hotel, VRBO-style vacation rentals, or continued multifamily housing.
Discover a unique investment opportunity in the breathtaking red rock landscapes of Hildale, Utah--a community undergoing rapid revitalization and growth. Once a large single-family home, this spacious property has been thoughtfully re-zoned and remodeled into a legal multi-family residence. It now features two 3-bedroom, 2-bath units and a studio, 1-bath unit, each with its own entrance and rental potential. Whether you're seeking a steady income property, multi-generational housing, or a mix of both, this home offers flexibility, function, and opportunity. Hildale's rich history is evolving, and this property is perfectly positioned to be part of its next chapter.
Hildale is located in Utah. Hildale, Utah has a population of 1,069. Hildale is more family-centric than the surrounding county with 54.55% of the households containing married families with children. The county average for households married with children is 35.48%.
The median household income in Hildale, Utah is $62,857. The median household income for the surrounding county is $65,040 compared to the national median of $69,021. The median age of people living in Hildale is 24.9 years.
The average high temperature in July is 92.5 degrees, with an average low temperature in January of 21.7 degrees. The average rainfall is approximately 13.8 inches per year, with 16.2 inches of snow per year.
