1127 E South Temple - Apartments FOR SALE


Salt Lake City, UT 84102- Greater Avenues
$2,695,000 USD
801-971-2542
1127 E South Temple, Salt Lake City, UT for Sale
$2,695,000 USD
Apartments - FOR SALE
1/17
null | Request Cap Rate

1127 E South Temple
Salt Lake City, UT 84102
Greater Avenues


OVERVIEW

100% rented turnkey 8-unit multifamily investment located on historic South Temple. This Tudor-style property underwent a FULL renovation in 2022, including all new electrical and plumbing throughout, remodeled kitchens and bathrooms, updated cabinetry, tile backsplashes, fresh paint, and high-efficiency mini-split HVAC systems in all units. Additional third-floor studio space and basement area provide future upside potential (buyer to verify). Prime location near downtown Salt Lake City and the University of Utah with long-term rental stability. Owner/Agent.

FOR SALE DETAILS

PRICE

$2,695,000 USD

PRICE/SF

$354 USD /SF

# OF UNITS

9

PRICE/UNIT

$299,444

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

1906

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

RMF-35

APN/PARCEL ID

09-32-459-015-0000

ASK ABOUT THIS PROPERTY

Joseph MillsInvestment Realty AdvisorsMore Info
801-971-2542

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

Joseph MillsInvestment Realty AdvisorsMore Info
801-971-2542

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