412-416 Scott Avenue Multi-Family FOR SALE


South Salt Lake, UT
$2,200,000 USD
801-303-5402
, South Salt Lake, UT for Sale
$2,200,000 USD
Multi-Family - FOR SALE
1/11
null | 5.58% Cap Rate

412-416 Scott Avenue
South Salt Lake, UT


HIGHLIGHTS

  • Recent capital improvements: new roofs, renovations, upgraded finishes
  • Strong rent growth: current average $2,189 with further upside
  • Low-density design with large floor plans and green space
  • Attached garages for townhome units
  • Potential new income streams via RUBS or land utilization
  • Prime location in a high-demand Salt Lake City rental market

OVERVIEW

416 Scott Avenue presents a rare chance to acquire a well-maintained, low-density multifamily asset with oversized units and clear upside potential. This six-unit property offers a unique mix of renovated homes and large townhome-style duplexes. This property combines stability, growth, and upside potential in one of the most dynamic multifamily markets in the country. With recent improvements, rising rents, and multiple value-add strategies available, 416 Scott Avenue is an exceptional acquisition opportunity for both private and institutional investors.

ASK ABOUT THIS PROPERTY

Vicente CantuaCushman & WakefieldMore Info
801-303-5402

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Vicente CantuaCushman & WakefieldMore Info
801-303-5402

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