Cushman & Wakefield, as exclusive advisor, is pleased to present the opportunity to acquire Union Meadows Apartments (“Union Meadows” or the “Property”), a 73-unit, garden-style apartment community located in Midvale, Utah. Union Meadows presents a rare opportunity to acquire a well-located multifamily asset in one of the Salt Lake Valley’s most established and accessible infill submarkets, offering strong rental demand and meaningful upside through strategic renovations and operational enhancement.
Originally constructed in 1986, Union Meadows offers investors the opportunity to acquire a quality suburban community with a functional unit mix in a location defined by exceptional connectivity, surrounding retail amenities, and proximity to major employment corridors. Positioned near the Fort Union / Union Park area, the Property benefits from immediate access to some of the region’s strongest daily-needs and destination retail, as well as convenient access to the broader Salt Lake Valley, supporting long-term renter appeal.
Union Meadows combines in-place cash flow with a clear value-add component, creating an attractive opportunity for investors to drive NOI growth through thoughtful interior upgrades, continued revenue optimization, and improved asset positioning over the hold period. As housing affordability remains a challenge across the Salt Lake Valley, the Property is well positioned to benefit from durable renter demand and long-term appreciation in a high-barrier-to-entry location.