Private Real Estate Investment Firm Offers Equity In Utah Rental Community

Crowdstreet’s online real estate investing platform has a new offering. The Ranches Build-to-Rent is a 79-unit townhome community that will be located in Ogden, Utah. The Ranches, which were originally built in 2018, offer residents a class-A living experience in an ideal location. Ogden itself is a strong submarket of Salt Lake City, Utah, and offers residents an ideal combination of convenience and access to the outdoors.

The market fundamentals of the Ogden area are also very attractive. It’s located in Weber County, where rents shot up 21% in 2021. In addition to that, the county is expecting to add 350,000 residents between now and 2065. This growth should generate a steady stream of tenants and solid demand for developments like the Ranches. The Ranches is also convenient to major employers ...

Full story available on Benzinga.com

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