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175 E Helm Ave
Salt Lake City, UT 84115
Multifamily Property For Sale
·
12 Units
PROPERTY FACTS
| No. Units | 12 | Building Size | 7,392 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1964/2019 |
| Building Class | C | Parking Ratio | 1.15/1,000 SF |
| Lot Size | 0.33 AC | ||
| Zoning | R1 | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.33 AC |
| Building Size | 7,392 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1964/2019 |
| Parking Ratio | 1.15/1,000 SF |
| Zoning | R1 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Disposal
- Heating
- Kitchen
- Granite Countertops
- High Speed Internet Access
- Refrigerator
- Sprinkler System
- Stainless Steel Appliances
- Range
- Tub/Shower
- Wi-Fi
- Yard
- Double Pane Windows
- Handrails
- Skylights
- Vinyl Flooring
ABOUT 175 E HELM AVE , SALT LAKE CITY, UT 84115
With the continued, extraordinary growth of downtown Salt Lake City and Sugarhouse, the South Salt Lake City area is perfectly positioned in the path of economic progress. This turnkey, multi-unit investment offers the opportunity to enjoy growing levels of cash-flow and appreciation, with minimal foreseeable capital expenditures, as nearly everything is new. This high-end, eco-friendly renovation features ALL NEW: Roof with R20 insulation, low E vinyl windows throughout, 90% furnaces and central air, luxury vinyl tile flooring, stainless appliances including counter-depth fridge, quartz countertops, IN-UNIT full-size washers and dryers, lighting and plumbing fixtures, and exterior paint. Features: covered parking with secure storage and Comcast internet package. Property was leased up and is currently being managed Rize Property Management. ALL of the 12 units are leased at pro forma rent levels as of 7/1/19, and were signed within 7 weeks of beginning of marketing.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 12 | $600.00 | 600 |
PROPERTY TAXES
| Parcel Number | 16-31-176-034-0000 | Improvements Assessment | $1,799,300 |
| Land Assessment | $639,700 | Total Assessment | $2,439,000 |
PROPERTY TAXES
