2880 200South Salt Lake, UT 84115
20-unit value-add opportunity in Utah
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 113
Highlights
- $3,400,000 asking price for a value-add multifamily investment opportunity.
- 20-unit apartment building in South Salt Lake, UT.
- 12,000 square feet on a 0.84-acre lot.
- Current NOI of $175,388, with a pro-forma NOI of $217,352.
- 5.16% current cap rate, and a pro-forma cap rate of 6.39%.
- $170,000 per unit price.
Property Details for 2880 200
- Property type
- Apartment buildings
- Square Feet
- 12,000 SF
- Class
- B
- Year Built
- 1962
- Buildings
- 5
- Stories
- 1
- Lot Size (sq. ft)
- 36,590 SF
- Units
- 20
Location Insight
- City
- South Salt Lake
- County
- Salt Lake
- State
- Utah
- Latitude
- 40.7083558
- Longitude
- -111.8858213
Nearby Similar for Sale
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