1162 E 400 S - Apartments FOR SALE


Salt Lake City, UT 84102- East Central
$2,500,000 USD
801-747-9502
1162 E 400 S, Salt Lake City, UT for Sale
$2,500,000 USD
Apartments - FOR SALE
1/16
null | Request Cap Rate

1162 E 400 S
Salt Lake City, UT 84102
East Central


OVERVIEW

**Price Improvement** Don't miss this rare chance to own a large 8-plex in one of Salt Lake City's most desirable rental markets! Ideally located within walking distance to the University of Utah, public transit, and downtown Salt Lake City, this property offers an unbeatable location for tenants. Each of the eight units boasts a spacious 1,100 sq. ft. layout featuring 2 bedrooms and 1 bathroom. With cosmetic renovation potential, there is a great opportunity to increase rents and maximize returns. No Seller Financing Available. All measurements are provided as a courtesy. Buyer to verify all information independently. Owner/Agent. Please reach out to Porter 801-694-5291 with any questions and/or appointments to view the property.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$249 USD /SF

# OF UNITS

8

PRICE/UNIT

$312,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1973

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,700 SF

ZONING

1205

APN/PARCEL ID

16-05-408-055-0000

ASK ABOUT THIS PROPERTY

Porter CriddleInvestment Realty AdvisorsMore Info
801-747-9502

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Porter CriddleInvestment Realty AdvisorsMore Info
801-747-9502

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.