Price improvement! 6% in place CAP rate. Value add opportunity for multi-family property located in one of the best areas of Salt Lake City. Spencer Court Apartments. Located near memory grove park, City Creek Center, and the State Capital. The property was originally built in the early 20th century and consists of six charming multi-unit buildings to make up the 22 units. Each building is unique and offers a variety of layouts and options for tenants. Property is 100% occupied and has a strong rental history. Measurements are given as a courtesy only. Buyer is advised to obtain an independent measurement.