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3360 Washington BlvdOgden, UT 84401
City Flats
Asset ClassMultifamily
# Units39
Year Built: 2024Access Data Room
overview of deal

Overview

Wadsworth Multifamily is pleased to offer for sale City Flats Apartments, 29 units built in 2029 in the Ogden, Utah market.

 

The property can be purchased individually, or as part of a larger portfolio with Basin View Landing, 28 units built in 2025 located kitty-corner to Basin View Landing.

 

City Flats and Basin View Landing benefit from excellent drive-by visibility and are ideally positioned near the junction of Washington Boulevard and Riverdale Road’s retail corridors. The properties are surrounded by shopping, including major retailers such as Costco, Macey’s, and Trader Joe’s.

 

Located just minutes from Downtown Ogden, residents enjoy quick and easy access to retail, public transportation, major employers, and abundant recreational activities.

 

Downtown Salt Lake City and the Salt Lake International Airport are approximately 35 minutes away, with more than 300,000 jobs located in the downtown corridor between Salt Lake City International Airport and the University of Utah.

 

Ogden is an economic hub for Northern Utah, ranking among the top Best-Performing Large Cities in Milken’s 2026 rankings, and at #2 in 2025.

 

More than 97,000 jobs are located within a 5-mile radius of the properties.

The Ogden market is powered by a diversified employer base, including McKay-Dee Hospital, Weber State University, Fresenius, Autoliv, US Foods, Business Depot Ogden, the IRS, and more. Hill Air Force Base, the state’s largest single-site employer, is also minutes away and includes major offices from Northrop Grumman and Lockheed Martin.

 

The area’s median household income is over $90,000 per year. Ogden also ranks highly for community resilience, reflecting its ability to withstand economic downturns. Like many high-growth Utah markets, Ogden’s housing supply remains tight. Market vacancy in Ogden averages 3.8%. Owning a home costs roughly twice as much as renting, and home prices continue to climb, pricing out many would-be homeowners.

 

Basin View Landing and City Flats offer residents a modern, low-maintenance living experience in a highly accessible urban location. Basin View Landing features 28 spacious one- and two-bedroom units with condo-quality finishes and open-concept layouts. Both properties feature secure access, 24/7 mini markets, and pet parks.

 

Don’t miss this opportunity to invest in Ogden, Utah, a market known for economic resilience, reliable employment anchors, and continued growth.

Access the Data Room

Investment Highlights

# Units
39
Year Built
2024
AVG SF
677
AVG In Place Rent
$1.72 / SF
# Stories
4
% Leased
95%

OPTION TO PURCHASE AS APORTFOLIO OR INDIVIDUALLY

  • Two Properties Kitty-Corner from eachother
  • Basin View: 28 Units
  • City Flats: 39 Units
  • 67 Units Combined, Providing Investors Economies of Scale
  • Timeless Design with Condo-Quality Units
  • Spacious Studio, One, and Two-Bedroom Apartment Homes
  • New Construction (Completed 2024 & 2025) No Major CapEx Needs
  • Excellent Drive-by Visibility
  • Owner Managed
  • Low Vacancy Market: 3.8% Average Market Vacancy
  • Limited New Multifamily Supply Pipeline in Ogden Compared to Salt Lake
  • Nearly 2X More Expensive to Buy a Home than to Rent in the Ogden-Clearfield Area

PART OF THE OGDEN-CLEARFIELD MARKET

  • Steady Job Market, Wage Growth, and Low Unemployment at 3.9%
  • 35 Minutes from Downtown Salt Lake City and Salt Lake International Airport
  • 2 Minutes from Downtown Ogden
  • Diverse Economic Drivers—97,000 jobs within a 5-Mile Radius including major employers such as Hill Air Force Base, Northrop Grumman, McKay-Dee Hospital, Autoliv, Weber State University, and many more
  • Pro-Business, Landlord-Friendly State

THE NATION'S TOP STATE & TOP ECONOMY

  • #2 Best-Performing City in the US: Ogden-Clearfield (Milken Institute, 2025)
  • #1 Best Economic Outlook—19 Years in a Row (Rich States Poor States, 2026)
  • #1 Best State (U.S. News & World Report, 2025)
  • #1 Best State to Move to (ConsumerAffairs, 2025)
  • #2 Best State to Start a Business (WalletHub, 2026)
  • #3 Fastest-Growing State (US Census, 2025)
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3360 Washington BlvdOgden, UT 84401

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