7045 S 300 E - Apartments FOR SALE


Midvale, UT 84047
$5,899,900 USD
801-850-5600
7045 S 300 E, Midvale, UT for Sale
$5,899,900 USD
Apartments - FOR SALE
1/30
null | Request Cap Rate

7045 S 300 E
Midvale, UT 84047


HIGHLIGHTS

  • Six-unit multifamily property completed in 2022.
  • Concrete construction supports durability and sound separation.
  • Attached garage parking is provided across all residences.
  • Modern interiors feature quartz countertops and oversized kitchen islands.
  • Located with convenient access to I-15, I-215, and regional employment centers.
  • Mix of larger residential layouts supports broad tenant appeal.

OVERVIEW

7045 S 300 E presents an opportunity to acquire a recently constructed six-unit multifamily asset in Midvale, Utah. The property consists of three sets of luxury twin homes and was completed in 2022 with concrete construction designed to support durability, sound separation, and energy efficiency. The unit mix includes four residences featuring three-bedroom layouts and two larger residences featuring five-bedroom layouts, creating a diversified rental offering within a single investment. Interior finishes include polished concrete flooring on the main level, contemporary kitchens with oversized islands, quartz countertops, and stainless-steel appliances. Multiple units include finished basements, upper-level family rooms, and attached garages, providing residential features that appeal to long-term tenants seeking larger living environments. The property benefits from a central Salt Lake Valley location in Midvale, with convenient access to major transportation corridors including I-15 and I-215. The surrounding area provides connectivity to employment centers throughout Midvale, Sandy, Murray, South Jordan, and downtown Salt Lake City. Nearby retail, dining, recreation, and public transit options contribute to the property's accessibility and tenant appeal. For investors, the asset offers the combination of recent construction, limited near-term capital expenditure requirements, and a multi-unit configuration within a well-established residential market. The property's location, unit mix, and modern construction standards position it as a potential long-term income-producing investment within the growing Salt Lake metropolitan area.

FOR SALE DETAILS

PRICE

$5,899,900 USD

PRICE/SF

$256 USD /SF

# OF UNITS

6

PRICE/UNIT

$983,317

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2022

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,553 SF

ZONING

1204

APN/PARCEL ID

22-30-201-030-0000,22-30-201-031-0000,22-30-201-032-0000,22-30-201-033-0000,22-30-201-034-0000,22-30-201-035-0000

ASK ABOUT THIS PROPERTY

Bronson GomezKW WestfieldMore Info
801-850-5600

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Bronson GomezKW WestfieldMore Info
801-850-5600

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