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155 E 2nd Ave
Salt Lake City, UT 84103
The Cindi Apartments · Multifamily Property For Sale
·
16 Units
Investment Highlights
- 16 luxury units
- Seamlessly blends classic, historic charm with modern luxury
- Fully renovated in 2024
Executive Summary
Located in the heart of The Avenues, The Cindi is a stunning historic property originally built in 1934. Featuring 16 beautifully designed one-bedroom, one-bathroom residences, the building underwent a complete renovation in 2024—seamlessly blending classic charm with modern luxury.
Each unit offers premium finishes such as heated tile flooring, exposed adobe brick, spacious modern kitchens, and in-unit washers and dryers. This pet-friendly community also provides residents with personal storage lockers, parcel lockers, and a thoughtfully designed outdoor common area. Additional conveniences include covered parking and a heated driveway for year-round comfort.
Ideally situated just minutes from downtown Salt Lake City, The Cindi offers easy access to TRAX stations for effortless commuting throughout the city and to the Salt Lake International Airport. Residents are close to premier entertainment destinations like the Delta Center, Eccles Theater, and numerous concert venues. Outdoor enthusiasts will appreciate the proximity to countless hiking trails and world-class ski resorts—all less than an hour away.
Each unit offers premium finishes such as heated tile flooring, exposed adobe brick, spacious modern kitchens, and in-unit washers and dryers. This pet-friendly community also provides residents with personal storage lockers, parcel lockers, and a thoughtfully designed outdoor common area. Additional conveniences include covered parking and a heated driveway for year-round comfort.
Ideally situated just minutes from downtown Salt Lake City, The Cindi offers easy access to TRAX stations for effortless commuting throughout the city and to the Salt Lake International Airport. Residents are close to premier entertainment destinations like the Delta Center, Eccles Theater, and numerous concert venues. Outdoor enthusiasts will appreciate the proximity to countless hiking trails and world-class ski resorts—all less than an hour away.
Property Facts
| Price Per Unit | $400,000 | Lot Size | 0.30 AC |
| Sale Type | Investment | Building Size | 10,562 SF |
| No. Units | 16 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built/Renovated | 1934/2024 |
| Apartment Style | Mid-Rise | Parking Ratio | 1.65/1,000 SF |
| Building Class | C | ||
| Zoning | RMF-35 | ||
| Price Per Unit | $400,000 |
| Sale Type | Investment |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.30 AC |
| Building Size | 10,562 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built/Renovated | 1934/2024 |
| Parking Ratio | 1.65/1,000 SF |
| Zoning | RMF-35 |
Amenities
Unit Amenities
- Air Conditioning
- Washer/Dryer
- Heating
- Tile Floors
- Kitchen
- Refrigerator
- Oven
Site Amenities
- 24 Hour Access
- Controlled Access
- Courtyard
- Tenant Controlled HVAC
- Package Service
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | - | 500 |
| 1+1 | 15 | - | 780 - 800 |
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