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1100 N Highway 89, Ephraim, UT 84627

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For Sale

$2,700,000

27.99 acres

Estimated Payment

$ 14,728 /mo.

6.67% APR for 30 yrs.
$10,000 in taxes
Change Loan Terms

  • Other Residential
    Property type

  • 28 acres
    Lot size

Explore this Property

Seller is willing to carry 50% for 18 months but purchase price would need to be $3,000,000. for those terms. Ephraim is experiencing a severe housing shortage. The timing is right for a project like this. Seller has zoning in hand for 360 units that can either be apartments, townhomes condos or a mixture but approval is in hand for 360 units. Also approximately 3.7 acres approved for storage units and an additional 4 acres zoned commercial. Located just north of the Wal Mart in Ephraim on highway 89. Feasibility study, soils, engineering plats in hand and available by request. Feasibility study shows 100% occupancy as each building is finished due to the severe housing shortage. Approved plat is attached. Buyer will need to obtain final plat approval but zoning and density have already been approved. Approximately 60 days needed to obtain final plat approval once engineering is done and submitted to city. Sale includes surveys soils and all engineering done to date.
MLS# 1899082

Courtesy Of Equity Real Estate - Solid

(801) 790-4030

Property Features

  • Architecture Style
    Other
  • Lot Size
    27.99 Acres

Map and Directions

Directions to 1100 N Highway 89, Ephraim, UT 84627
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Home seller CENTURY 21 Essentials Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Essentials Realty

(435) 283-6626
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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $13,895
  • Property Taxes
    $833
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $14,728

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Ephraim Elementary

Grades PK-5 Public School


Ephraim, UT 84627 0.6 miles
570 s 300 e

534 total students

Gunnison Valley Elementary

Grades PK-5 Public School


Gunnison, UT 84634 18.2 miles
550 s 100 e, 550 s 100 e

506 total students

Manti Elementary

Grades PK-5 Public School


Manti, UT 84642 6.1 miles
150 w 100 s

408 total students

Ephraim Middle School

Grades 6-8 Public School


Ephraim, UT 84627 0.6 miles
555 s 100 e

497 total students

Gunnison Valley Middle School

Grades 6-8 Public School


Gunnison, UT 84634 18.3 miles
271 e 600 s, 271 e 600 s

256 total students

Gunnison Valley High School

Grades 9-12 Public School


Gunnison, UT 84634 18.5 miles
35 e 600 s

331 total students

Manti High School

Grades 9-12 Public School


Manti, UT 84642 5.5 miles
100 w 500 n

684 total students

Local area information for Ephraim, UT 84627

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Ephraim, UT 84627

This community’s employment is highest in the food and sales industries. The area’s overall household expenses are below the national average.

82° July
Hottest Average Month

11° January
Coldest Average Month
2,169 Total Households in Area
37.4%
of households
have children
17 minutes
Median Commute Time

Household Expenses vs National Average

Demographic facts
for Ephraim, UT 84627

Ephraim, UT 84627 has a population of 7,655 people in 2,169 households with a median age of 27.9 years old.

Up 6%
Increase in population
since the year 2010

Population is Trending up
2,109
Total households as of 2010
Up
5.7%

Community Population By Age

Community Population By Ethnicity

White 83%
Hispanic 11%
Other 8%
Asian 2%
Native American <1%
Black <1%

Economics
for Ephraim, UT 84627

58 /sq mi
Population Density
$62,255 /yr
Median Household Income
$0
Median Sales Price
17 min
Median Commute Time

Household Expenses vs National Average

Household by Income

Transportation to Work

  • Drive 78%
  • Walk or Bike 13%
  • Work from Home 9%
  • Public Transit 0%

Occupancy by Type

Owned 1,313 53%
Rented 856 34%
Vacant 329 13%

White vs Blue Collar Jobs







White Collar 76%
Blue Collar 24%

Family & Education Facts
for Ephraim, UT 84627

27.9 Median Age

Average Household Size

3.2
persons per
household

59.6%

Married Households

Community Population By Education

High School Graduate 24%
Some College 23%
Bachelors Degree 21%
Associates Degree 15%
Graduate Degree 12%
Some High School 5%

Household Family Expenses vs National Average

37.4% of households have children

Weather
for Ephraim, UT 84627

The weather for this area ranges from a high of 82° F in July to a low of 11° F in January

82° July
Hottest Average Month
11° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
11°
35°
Feb
14°
39°
Mar
20°
45°
Apr
27°
54°
May
35°
64°
Jun
42°
74°
Jul
49°
82°
Aug
48°
80°
Sep
40°
71°
Oct
31°
59°
Nov
20°
45°
Dec
13°
37°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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