About 800 W Highway Dr
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 Arches.
Features of 800 W Highway Dr
| MLS® # | 2117038 |
|---|---|
| Price | $4,550,000 |
| Bedrooms | 75 |
| Bathrooms | 38.00 |
| Square Footage | 30,000 |
| Acres | 3.13 |
| Year Built | 1980 |
| Type | Residential |
| Sub-Type | > 4 Units |
| Style | Stories: 3 |
| Status | Active |
Community Information
| Address | 800 W Highway Dr |
|---|---|
| Area | Wellington; East Wellington |
| City | Wellington |
| County | Carbon |
| State | UT |
| Zip Code | 84542 |
Amenities
| Utilities | Natural Gas Connected, Electricity Connected, Sewer Connected, Sewer: Public, Water Connected |
|---|---|
| Features | Clubhouse |
| Parking Spaces | 36 |
| Parking | Covered, Parking: Uncovered |
| View | Mountain(s), Valley |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Carpet, Laminate, Vinyl |
|---|---|
| Interior Features | Kitchen: Updated, Range/Oven: Free Stdng. |
| Heating | Forced Air, Gas: Central |
| Fireplace | No |
Exterior
| Exterior Features | Balcony, Deck; Covered, Double Pane Windows, Patio: Covered |
|---|---|
| Lot Description | Cul-De-Sac, Curb & Gutter, Fenced: Full, Road: Paved, Sidewalks, Sprinkler: Auto-Full, Terrain: Grad Slope, View: Mountain, View: Valley, Drip Irrigation: Auto-Full |
| Windows | Blinds |
| Roof | Asphalt, Pitched |
| Construction | Composition, Clapboard |
School Information
| District | Carbon |
|---|---|
| Elementary | Wellington |
| Middle | Mont Harmon |
| High | Carbon |
Additional Information
| Date Listed | October 11th, 2025 |
|---|---|
| Days on Market | 7 |
| Zoning | Multi-Family |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Sean Shoemaker |
|---|---|
| Office | Realtypath LLC (Home and Family) |
| Contact Info | 801-256-9595 |