Cushman & Wakefield, as exclusive advisor, is pleased to present the opportunity to acquire Downtown Commons II (“DTC II” or the “Property”), a 16-unit student housing apartment building located at 43 South 400 East, Salt Lake City, Utah. The Property includes a shared common area that can be easily converted into an additional unit, increasing the total potential unit count to 17.
Previously operated as student housing for the University of Utah, the Property will be sold vacant, offering flexibility for a range of future uses. These include conversion to traditional multifamily housing or continued use as student housing.
DTC II features on-site laundry facilities, a community room, and is conveniently located less than three miles from the University of Utah.
This offering represents a compelling opportunity for investors seeking a bite-sized entry point into multifamily within a strong submarket in Salt Lake City’s growing urban core.