About This Property
Owner financing: $99 down plus a $195 document fee. Financed price $5,975. Term options: 1 year at 0% ($489.67/mo); 2 years at 9% ($268.44/mo); 4 years at 9% ($146.22/mo); 6 years at 9% ($105.92/mo). Pay-in-full price: $5,377 (10% cash discount). Per the seller, no business or commercial use is allowed while the property is under a loan contract. These are three adjacent lots, each one is approximately 0.16 acre. They are Lots 15, 16, and 17 in Block 47 of Beryl Townsite. Beryl Townsite is an undeveloped subdivision. These properties are about 12 miles north of the Escalante Valley School in Beryl Junction, about 15 miles northeast of Modena, and 35 miles northwest of Cedar City. There are mountain views in virtually every direction. These lots are less than a mile west of the North Beryl Highway, and there is a platted road (N 700 W) on their east side. The old Union Pacific line is nearby. You can leave access as it is, or you can improve it by re-grading it. There are no available utilities, and by themselves this group of lots is not large enough for a residential building permit. However you can camp or RV there for 16 days at a time while holding them for investment. They are zoned A-20, so as long as you get a permit you can have a structure that you can use for storage. If you are looking for affordable investment properties in Utah, then you should buy these while they are still this cheap.
Location
Beryl Townsite, Iron County, UT
Outline shown is about 0.5 acres. Approximate boundaries from GIS or the seller, not a survey. Get a survey before you build or fence.
Owner Finance Terms
Owner finance agreements are subject to state and local laws. Always consult a licensed real estate attorney in UT before signing any agreement.
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