Marcus & Millichap is pleased to present Monterey Apartments, a rare opportunity to acquire a well-maintained multifamily asset located near the University of Utah in one of Salt Lake City’s most established rental corridors. The property offers investors a value-add investment with immediate upside through targeted interior renovations. Positioned in a high-demand pocket of Salt Lake City, Monterey benefits from durable tenant demand driven by its proximity to major employment, higher education, and healthcare anchors. With the potential to capture ~$250 rent premiums through interior upgrades, Monterey presents a compelling value-add opportunity in a market known for its economic resilience, consistent renter demand, and long-term growth trajectory.