2965 Richmond St - Multi-Family FOR SALE


Salt Lake City, UT 84106- Sugar House
$6,125,000 USD
385-695-9735
2965 Richmond St, Salt Lake City, UT for Sale
$6,125,000 USD
Multi-Family - FOR SALE
1/6
null | Request Cap Rate

2965 Richmond St
Salt Lake City, UT 84106
Sugar House


HIGHLIGHTS

  • 100% Occupied
  • Rooftop balconies
  • 4-bed, 3-bath townhomes
  • Two-car garages
  • Great marketing window with 25,000 annual average daily traffic
  • Sugar House location - close to Harmons and Whole Foods

OVERVIEW

Berkadia Salt Lake City Investment Sales is pleased to present a rare investment opportunity, Richmond Place Townhomes. This premier east side property near Sugar House consists of nine expansive townhome units, each offering 4 bedrooms, 3 bathrooms, and 2,150 square feet of thoughtfully designed living space. Key features include third-floor rooftop balconies and 2-car garages. These townhomes are meticulously designed and fully occupied, making them an exceptional addition to any investment portfolio. Can be purchased with the neighboring apartment community of 16 units.

FOR SALE DETAILS

PRICE

$6,125,000 USD

PRICE/SF

$317 USD /SF

# OF UNITS

9

PRICE/UNIT

$680,556

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Richmond Place Townhomes

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2019

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

24,829 SF

ZONING

-

APN/PARCEL ID

16-29-280-029-0000,16-29-280-030-0000,16-29-280-031-0000,16-29-280-032-0000,16-29-280-033-0000,16-29-280-034-0000,16-29-280-036-0000,16-29-280-037-0000,16-29-280-038-0000,16-29-280-055-0000

ASK ABOUT THIS PROPERTY

Dianne HodnettBerkadia Real Estate AdvisorsMore Info
385-695-9735

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Dianne HodnettBerkadia Real Estate AdvisorsMore Info
385-695-9735

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