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120 G St 15 Unit Apartment Building $4,450,000 ($296,667/Unit) Salt Lake City, UT 84103
Executive Summary
Turnkey 15-unit investment opportunity in Salt Lake City featuring a highly desirable unit mix of 12 two-bedroom units and 3 one-bedroom units. The property underwent significant renovations in 2023, minimizing near-term capital expenditures. Spacious, well-designed units combine modern upgrades with timeless character, contributing to consistently strong rental demand. Measurements are given as courtesy only. Buyer to verify.
Property Facts
| Price | $4,450,000 | Building Class | C |
| Price Per Unit | $296,667 | Lot Size | 0.31 AC |
| Sale Type | Investment | Building Size | 13,077 SF |
| No. Units | 15 | Average Occupancy | 95% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1969/2023 |
| Apartment Style | Low-Rise | Parking Ratio | 1.22/1,000 SF |
| Zoning | RMF-35 - RMF-35 | ||
| Price | $4,450,000 |
| Price Per Unit | $296,667 |
| Sale Type | Investment |
| No. Units | 15 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.31 AC |
| Building Size | 13,077 SF |
| Average Occupancy | 95% |
| No. Stories | 3 |
| Year Built/Renovated | 1969/2023 |
| Parking Ratio | 1.22/1,000 SF |
| Zoning | RMF-35 - RMF-35 |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Microwave
- Heating
- Tile Floors
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Range
- Tub/Shower
- Views
- Walk-In Closets
- Family Room
- Large Bedrooms
- Quartz Countertops
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 12 | $1,625 | - |
| 1+1 | 3 | $1,236 | - |
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Very walkable
80/100
Moderately drivable
60/100
Some public transit
50/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 09-31-478-005-0000 | Improvements Assessment | $2,916,300 |
| Land Assessment | $671,900 | Total Assessment | $3,588,200 |
Property Taxes
Parcel Number
09-31-478-005-0000
Land Assessment
$671,900
Improvements Assessment
$2,916,300
Total Assessment
$3,588,200
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120 G St