950 S Washington St - Apartments FOR SALE


Salt Lake City, UT 84101- Central Salt Lake City
$25,000,000 USD
801-265-2022
950 S Washington St, Salt Lake City, UT for Sale
$25,000,000 USD
Apartments - FOR SALE
1/36
null | Request Cap Rate

950 S Washington St
Salt Lake City, UT 84101
Central Salt Lake City


HIGHLIGHTS

  • Within walking distance to public transportation
  • Within walking distance to shopping, restaurants, and entertainment
  • In the heart of convenience and culture of Salt Lake City

OVERVIEW

Washingtons Flats is ideally located in Salt Lake City's Central 9th District-one of the city's most walkable, rapidly growing neighborhoods. It's proximity to downtown TRAX light rail, major employment centers, and cultural hotspots makes it highly attractive to young professionals and renters convenience, connectivity, and a vibrant urban lifestyle. The surrounding area boasts a strong renter demographic, diverse dining and retail options, and a steady economic growth, making it a prime location for apartment living and a compelling selling point for investors or developers focused on long term demand and value.

FOR SALE DETAILS

PRICE

$25,000,000 USD

PRICE/SF

$248 USD /SF

# OF UNITS

202

PRICE/UNIT

$123,762

CAP RATE

Request Cap Rate

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Washington Flats

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2023

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,216 SF

ZONING

FB-UN2

APN/PARCEL ID

15-12-257-029-0000

ASK ABOUT THIS PROPERTY

Jake LatteierIrvine InvestmentsMore Info
801-265-2022

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Jake LatteierIrvine InvestmentsMore Info
801-265-2022

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