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.