241 N 800 W - Multi-Family FOR SALE


Salt Lake City, UT 84116- Fairpark
$1,200,000 USD
801-201-8565
241 N 800 W, Salt Lake City, UT for Sale
$1,200,000 USD
Multi-Family - FOR SALE
1/8
null | Request Cap Rate

241 N 800 W
Salt Lake City, UT 84116
Fairpark


OVERVIEW

Northmarq is pleased to present this 8-plex located in downtown Salt Lake City. The property consists of 8 studio apartments in an ideal location. The property is within walking distance of restaurants, shopping, and public transit. The following and more make the 8-plex a great investment: - 5-minute walk to the UTA TRAX Jackson/Euclid Station - Value-add opportunity - Less than a 10-minute drive to the University of Utah With a young overall median age, high rate of college graduates, and the highest population growth rate in the country, demand for housing in Salt Lake City will continue to increase. Utah remains at the top of the list for national job growth and Salt Lake Valley has proven to be one of the nation’s strongest multifamily markets. Easy access to both downtown and outdoor activities makes this property an incredible acquisition opportunity.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$500 USD /SF

# OF UNITS

8

PRICE/UNIT

$150,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

241 N 800 W 8-plex

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1961

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

-

APN/PARCEL ID

08-35-426-013

ASK ABOUT THIS PROPERTY

Mark NumbersNorthmarqMore Info
801-201-8565

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Mark NumbersNorthmarqMore Info
801-201-8565

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