655 S 800 E - Apartments FOR SALE


Salt Lake City, UT 84102- East Central
$1,350,000 USD
208-989-8126
655 S 800 E, Salt Lake City, UT for Sale
$1,350,000 USD
Apartments - FOR SALE
1/11
null | Request Cap Rate

655 S 800 E
Salt Lake City, UT 84102
East Central


HIGHLIGHTS

  • Assumable financing at a competitive 4.5% interest rate, locked in until July 1, 2029— a significant advantage in today’s higher-rate environment.
  • In-Place Amenities & Value-Add Potential
  • Prime Location Near Downtown Salt Lake City
  • The property has undergone significant capital improvements, reducing future maintenance costs and positioning it as a turnkey investment.

OVERVIEW

As exclusive Advisor, MMG is pleased to offer a recently renovated 5-unit asset, presenting an exceptional turnkey investment opportunity in one of Salt Lake City’s most desirable neighborhoods. Located near downtown SLC, the 9th and 9th district, and the University of Utah, the property benefits from strong tenant demand driven by young professionals and urban lifestyle seekers. With extensive recent renovations, in-place assumable debt at a competitive 4.5% interest rate, and additional value-add potential, this asset offers both stability and upside for investors looking to capitalize on the thriving Salt Lake City rental market.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$377 USD /SF

# OF UNITS

5

PRICE/UNIT

$270,000

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

2

YEAR BUILT

1906

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

RMF-35

APN/PARCEL ID

16-05-382-002-0000

ASK ABOUT THIS PROPERTY

208-989-8126

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208-989-8126

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