828 S 500 E - Apartments FOR SALE


Salt Lake City, UT 84102- Central Salt Lake City
$1,900,000 USD
801-577-2175
828 S 500 E, Salt Lake City, UT for Sale
$1,900,000 USD
Apartments - FOR SALE
1/36
null | 5.04% Cap Rate

828 S 500 E
Salt Lake City, UT 84102
Central Salt Lake City


HIGHLIGHTS

  • Value Add Multifamily in the heart of Salt Lake City, less than a block from Liberty Park and Central 9th

OVERVIEW

ACRES Commercial Real Estate is pleased to present the opportunity to acquire a well-maintained 9-unit multifamily property located in the highly sought-after Liberty Park neighborhood of Salt Lake City, Utah. Situated on a 0.19-acre parcel, the property features updated unit interiors, strong in-place occupancy, and the potential for future rental growth. This offering provides investors with an attractive combination of stable cash flow, operational stability, and value-add upside in one of Salt Lake City's most desirable and supply-constrained rental markets. With its premier location, proven performance, and opportunity to enhance returns through continued asset management, the property represents a compelling multifamily investment opportunity.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$275 USD /SF

# OF UNITS

9

PRICE/UNIT

$211,111

CAP RATE

5.04%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Liberty 828

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1967

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

RMF 30

APN/PARCEL ID

16-07-253-030-0000

ASK ABOUT THIS PROPERTY

Jody JonesAlign Complete Real Estate ServicesMore Info
801-577-2175

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Jody JonesAlign Complete Real Estate ServicesMore Info
801-577-2175

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