130 S 800 E - Apartments FOR SALE


Salt Lake City, UT 84102- Central Salt Lake City
$3,999,000 USD
801-864-8679
130 S 800 E, Salt Lake City, UT for Sale
$3,999,000 USD
Apartments - FOR SALE
1/23
null | 4.75% Cap Rate

130 S 800 E
Salt Lake City, UT 84102
Central Salt Lake City


OVERVIEW

Welcome to the Capitol Reef Apartments. The recently completed renovations and turn key operation make this property truly special. Located perfectly between core downtown and the U of U and within 3 blocks of trax, shopping and restaurants. The property offers 16 units with a mix of large 1 and 2 bedroom units. Each unit offers a private balcony. with 3 premium units offering walk-out patios. The size of this apartment lends itself to be easily self managed to increase income, but the current manager is eager to continue if desired. Great size for 1031 exchange.

FOR SALE DETAILS

PRICE

$3,999,000 USD

PRICE/SF

$368 USD /SF

# OF UNITS

16

PRICE/UNIT

$249,938

CAP RATE

4.75%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Capitol Reef

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1969

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,197 SF

ZONING

8905

APN/PARCEL ID

16-05-155-023-0000

ASK ABOUT THIS PROPERTY

Andrew KentRooted and Co.More Info
801-864-8679

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Andrew KentRooted and Co.More Info
801-864-8679

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