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Commander Apartments 125 S 1300 E 15 Unit Apartment Building $8,500,000 ($566,667/Unit) 4.69% Cap Rate Salt Lake City, UT 84102
Investment Highlights
- One block from University - Easy walking distance, public transportation available
Executive Summary
One Block from University of Utah. 34 Bedrooms; 35 Bathrooms; 19 garages; coin op laundry. Contact Laurie Gale 801-205-1600 for Information. Current ownership has put spent 6 figures in moderizing units and has recently replace the roof and all of the kitchens.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $8,500,000 | Apartment Style | Low-Rise |
| Price Per Unit | $566,667 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.83 AC |
| Cap Rate | 4.69% | Building Size | 28,576 SF |
| No. Units | 15 | No. Stories | 3 |
| Property Type | Multifamily | Year Built/Renovated | 1929/2024 |
| Property Subtype | Apartment | Parking Ratio | 0.66/1,000 SF |
| Zoning | RMF 45 - Moderate High Density Multi Family | ||
| Price | $8,500,000 |
| Price Per Unit | $566,667 |
| Sale Type | Investment |
| Cap Rate | 4.69% |
| No. Units | 15 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.83 AC |
| Building Size | 28,576 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1929/2024 |
| Parking Ratio | 0.66/1,000 SF |
| Zoning | RMF 45 - Moderate High Density Multi Family |
Amenities
Unit Amenities
- Dishwasher
- Disposal
- Hardwood Floors
- Refrigerator
- Range
- Tub/Shower
- Carpet
Site Amenities
- Laundry Facilities
- Recycling
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | $1,100 | 300 |
| 2+2 | 8 | $2,440 | 1,235 - 1,400 |
| 3+3 | 6 | $3,945 | 1,895 - 1,980 |
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Very walkable
80/100
Moderately drivable
70/100
Good public transit
60/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 16-05-232-009-0000 | Total Assessment | $6,029,800 |
| Land Assessment | $1,378,600 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $4,651,200 | Tax Year | 2025 Payable 2026 |
Property Taxes
Parcel Number
16-05-232-009-0000
Land Assessment
$1,378,600
Improvements Assessment
$4,651,200
Total Assessment
$6,029,800
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025 Payable 2026
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