828 E 200 S - Apartments FOR SALE


Salt Lake City, UT 84102- East Central
$3,600,000 USD
801-303-5555
828 E 200 S, Salt Lake City, UT for Sale
$3,600,000 USD
Apartments - FOR SALE
1/5
null | Request Cap Rate

828 E 200 S
Salt Lake City, UT 84102
East Central


HIGHLIGHTS

  • Compelling Value-Add Upside with Immediate Rent Growth
  • Well-Located Asset in a Transit-Oriented, High-Demand Submarket
  • Multiple Paths to Value Through Physical and Income Enhancements

OVERVIEW

Cushman & Wakefield, as exclusive advisor, is pleased to present the opportunity to acquire the 200 South Apartments (the “Property”), a 19-unit apartment community located in the vibrant East Central neighborhood of Salt Lake City, Utah. Originally constructed in 1964 on a 0.34-acre site, the Property is a well-maintained brick walk-up building that offers classic appeal and strong value-add potential. The community features thoughtfully designed layouts with durable finishes and recent improvements, while maintaining opportunities for modernization and operational enhancements. Residents benefit from practical amenities including onsite laundry, storage units, and ample parking complemented by convenient access to the city’s best amenities. This Property represents a rare chance to acquire a well-located property with multiple paths for physical and income growth in one of the mountain west’s most desirable cities.

FOR SALE DETAILS

PRICE

$3,600,000 USD

PRICE/SF

$253 USD /SF

# OF UNITS

19

PRICE/UNIT

$189,474

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

200 South Apartments

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1964

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,810 SF

ZONING

RMF-35

APN/PARCEL ID

16-05-162-009-0000

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 Notice.