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Salt Lake City, Utah 84116
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Just fell out of contract 6/15/2026..........22 unit apartment complex completely renovated with new underground garage secure parking and storage for each unit. Main floor units function as townhomes with exterior entrances from the street and high 11ft. Ceilings. Modern fair throughout this hip complex is always rented and boasts direct access to the trax line out front. Priced at $6,999,900, unique zoning could allow for additional stories (up to 7 floors) to be added to the building in the future. Exposed brick, individual HVAC controls and washers/dryers in every unit. Professionally managed and maintained. # of Units 22 Current monthly Income RENT $36,634 Other Monthly Income $2,245 Total Possible Annual Income $466,548 Price per Door $318,177 Inquire about amazing ASSUMABLE financing on this property.
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Data provided by Wasatch Front Regional MLS. Information deemed reliable but not guaranteed.
30 Year Fixed • sample 6.80% interest rate • 20% down ($1,199,980)
Estimated P&I + taxes + insurance. This is a sample for informational purposes only — not a commitment or offer to lend. Actual rate, APR, and payment will depend on your credit, down payment, loan type, and lender. Contact a licensed mortgage professional for an accurate quote.
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801.635.8462USMC Veteran • REALTOR® • UT Lic# 12907042-SA00 · NV Lic# S.0201351 · WY Lic# RE-17041
