326 E South Temple - Apartments FOR SALE


Salt Lake City, UT 84111- Central Salt Lake City
$6,807,207 USD
801-303-5555
326 E South Temple, Salt Lake City, UT for Sale
$6,807,207 USD
Apartments - FOR SALE
1/5
null | Request Cap Rate

326 E South Temple
Salt Lake City, UT 84111
Central Salt Lake City


HIGHLIGHTS

  • Historic Charm with Modern Infrastructure
  • Value-Add Potential with Proven Rent Growth
  • Salt Lake City: A High-Growth, Resilient Market

OVERVIEW

Cushman & Wakefield, as exclusive advisor, is pleased to present the opportunity to acquire Barbara Worth Apartments (“Barbara Worth” or the “Property”), a historic 34-unit, three-story apartment building located along the prestigious South Temple Street in Salt Lake City, Utah. Originally constructed in 1931 on a 0.57-acre site, the Property has been meticulously maintained by the current owner over a decade of continuous ownership. Barbara Worth seamlessly blends historic charm with modern convenience in one of Salt Lake City’s most sought-after neighborhoods. The units feature beautifully preserved original hardwood floors, while the Property offers a nearly one-to-one parking ratio — a rare amenity in urban multifamily housing. Residents also benefit from on-site laundry facilities and dedicated storage, enhancing daily comfort and livability. This well-maintained community presents a compelling value-add opportunity with thoughtfully designed, efficient units. Its location, architectural character, and upside potential make Barbara Worth a standout investment for both residents and investors alike.

FOR SALE DETAILS

PRICE

$6,807,207 USD

PRICE/SF

$289 USD /SF

# OF UNITS

34

PRICE/UNIT

$200,212

CAP RATE

Request Cap Rate

% LEASED

97%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Barbara Worth Apartments

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1931

PARKING SPACES

31

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

24,829 SF

ZONING

R-MU

APN/PARCEL ID

16-06-201-032-0000

ASK ABOUT THIS PROPERTY

Kip PaulCushman & WakefieldMore Info
801-303-5555

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Kip PaulCushman & WakefieldMore Info
801-303-5555

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