This renovated triplex with ground-floor retail offers an exceptional investment opportunity in the heart of South Salt Lake. Boasting prominent 3300 South frontage with exposure to over 36,000 vehicles per day, the property offers excellent accessibility to I-15, I-80, and nearby public transit. The surrounding area is a vibrant mix of residential and commercial developments, enhancing the long-term appeal of this dynamic location.
Proforma Cap Rate: 6.3%
Investment Highlights:
• 100% Occupied
• Below-Market Rents with Upside Potential
• Extensive Interior & Exterior Renovations
• Diversified Unit Mix – Residential and Retail
• Strong Traffic Counts and Visibility
Ideal for investors seeking a mixed use investment, raise lease rents to market rates, & future upside, this mixed-use asset combines quality renovations, prime location, and quality tenants.