Ogden Homes with Stories: 3 Style

Ogden Homes with Stories: 3 Style

Welcome to Ogden, Utah – a vibrant city nestled at the foot of the Wasatch Mountains, known for its rich history, outdoor adventures, and a tight-knit community. As the county seat of Weber County, Ogden boasts a unique blend of urban amenities and stunning natural landscapes, making it a perfect place for families, outdoor enthusiasts, and everyone in between.

Ogden's charming downtown area is a testament to its storied past, featuring beautifully preserved historical buildings, eclectic shops, and a thriving arts scene. The city is a hub for cultural events, with the Ogden Symphony Ballet and the annual Ogden Music Festival drawing crowds from all over the region. For those who love the great outdoors, Ogden is a gateway to some of Utah's most breathtaking scenery. With easy access to world-class skiing, hiking trails, and mountain biking routes, adventure awaits at every corner.

When it comes to homes, Ogden offers a variety of options that tell their own stories. From historic bungalows with character to modern townhomes that cater to contemporary living, each home reflects the unique essence of this charming city. The three styles of homes available—traditional, contemporary, and rustic—provide a diverse range of choices for buyers seeking a place to call home.

Whether you're drawn by the allure of outdoor recreation, the rich cultural tapestry, or the welcoming community spirit, Ogden is more than just a city; it's a place where memories are made, and stories unfold. Come discover your next home in this enchanting city!

Newest Ogden Homes with Stories: 3 Style

$2,100,000
21 Beds 10 Baths 2165755 MLS
Fontanelle Apartments is a 10-unit historic multifamily asset located at 2465 Monroe Boulevard in Ogden, Utah. Built in 1924 and listed on the U.S. National Register of Historic Places, the property is a three-story building constructed in the Spanish Colonial Revival and Prairie School architectural styles. The property consists of four oversized one-bedroom units and six three-bedroom units. The four one-bedroom units are garden-level, partially above grade. The six three-bedroom units are spread two per floor across the upper levels. A drop-down basement below the concrete deck at the rear of the property houses shared laundry, mechanical systems including the furnace and hot water heater, and additional tenant storage. There is also exterior space at the rear of the site with value-add potential for carport construction. The seller has completed significant capital improvements including a new roof, full electrical rewiring with updated panels, and complete replumbing throughout the building, substantially reducing near-term capex exposure for an incoming buyer. The property operates under a RAD-converted Project-Based Voucher (PBV) HAP contract through the Ogden Housing Authority, providing a 15-year term of government-backed rental income with annual rent renegotiation rights. Current contract rents are $1,142 per month for one-bedroom units and $1,697 per month for three-bedroom units. Five of nine occupied units are HCV tenants operating under the PBV contract. The 10th unit is currently vacant and represents immediate upside, either by re-leasing into the PBV program or converting to market-rate tenancy. Three-bedroom units are in high demand in this submarket, and units renovated to market-rate condition can command rents meaningfully above current contract levels. The PBV contract allows the owner to renegotiate rents annually or terminate and convert individual units to market rate as they turn over, giving a buyer optionality to blend and extend or reposition over time. At an asking price of $2.1 million, the property is offered at $210,000/unit, a 5.61% cap rate.

2465 Monroe Blvd, Ogden

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