Description
Cascade Place was originally constructed as residential/office/commercial condominium community known as Commonwealth Place Condominiums in 2007. The property consists of three office/retail condominiums which are independently owned and The Cascade Apartments consists of 13 "live-work" residential dwellings all of which are being operated as rentals and is being marketed and sold as an apartment community. The Cascade Apartments controls 84% of the entire Commonwealth Place HOA which is transferred to the new owner upon the sale of the 13 apartments. The Cascade Apartments 84% controlling share of the HOA is based on the total square footage of the entire property. Constructed in 2007 renovated in 2019 - there is no deferred maintenance at this property. The Cascade is an attractive two-story, wood frame/stucco building with controlled-access garage parking and one space dedicated to each residential unit. The residential floorplans are spacious as all of the one bedroom configurations have an office/den which could be utilized as a second bedroom.
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13BEDS
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0.31ACRES
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0BATHS
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01/2 BATHS
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8,335SQFT
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$390$/SQFT
School Information
Description
Cascade Place was originally constructed as residential/office/commercial condominium community known as Commonwealth Place Condominiums in 2007. The property consists of three office/retail condominiums which are independently owned and The Cascade Apartments consists of 13 "live-work" residential dwellings all of which are being operated as rentals and is being marketed and sold as an apartment community. The Cascade Apartments controls 84% of the entire Commonwealth Place HOA which is transferred to the new owner upon the sale of the 13 apartments. The Cascade Apartments 84% controlling share of the HOA is based on the total square footage of the entire property. Constructed in 2007 renovated in 2019 - there is no deferred maintenance at this property. The Cascade is an attractive two-story, wood frame/stucco building with controlled-access garage parking and one space dedicated to each residential unit. The residential floorplans are spacious as all of the one bedroom configurations have an office/den which could be utilized as a second bedroom.
Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2021-01-27T09:36:07.09. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.