624 S Grand St - Apartments FOR SALE


Salt Lake City, UT 84102- East Central
$1,750,000 USD
775-760-2511
624 S Grand St, Salt Lake City, UT for Sale
$1,750,000 USD
Apartments - FOR SALE
1/10
null | Request Cap Rate

624 S Grand St
Salt Lake City, UT 84102
East Central


HIGHLIGHTS

  • Quiet Side Street
  • Easy Access to Trax, Trolley and University
  • Happy Property - long term tenants.

OVERVIEW

Excellent Property. Happy Tenants. Good Earner. Rental & Income Potential According to Rentometer, market-rate rents in the area average: Studios: $1,323 1Bedrooms: $1,438 2-Bedrooms: $1,662 Current average rents at the property are: Studios: $995 1Bedrooms: $1,300 2-Bedrooms: $1,795

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$389 USD /SF

# OF UNITS

7

PRICE/UNIT

$250,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Brixen Grand

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1960

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,068 SF

ZONING

1205

APN/PARCEL ID

16-05-384-003-0000

ASK ABOUT THIS PROPERTY

Michael MartinMichael MartinMore Info
775-760-2511

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Michael MartinMichael MartinMore Info
775-760-2511

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