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1810 S 800 E 4 Unit Apartment Building $1,250,000 ($312,500/Unit) Salt Lake City, UT 84105
Investment Highlights
- Value-add 4-plex opportunity with two units already at market rent and strong upside through renovation of the remaining units.
- Income growth potential with current rents at $5,400/month, projected to increase to $6,200/month after renovation of the third unit, with additional
Executive Summary
4-plex with serious upside. Two units at market rate, already cash flowing. Two more units ready to renovate and push to full market rents. Significant rent growth potential with the right improvements. Rare opportunity in a great neighborhood.
Owner is a licensed agent.
Owner is a licensed agent.
Property Facts
| Price | $1,250,000 | Building Class | C |
| Price Per Unit | $312,500 | Lot Size | 0.17 AC |
| Sale Type | Investment | Building Size | 4,623 SF |
| No. Units | 4 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1948 |
| Apartment Style | Low-Rise | Parking Ratio | 1.3/1,000 SF |
| Zoning | R17000 | ||
| Price | $1,250,000 |
| Price Per Unit | $312,500 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 4,623 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1948 |
| Parking Ratio | 1.3/1,000 SF |
| Zoning | R17000 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 3 | - | - |
| 4+2 | 1 | - | - |
1 1
Moderately walkable
70/100
Moderately drivable
70/100
Some public transit
40/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 16-17-308-021-0000 | Improvements Assessment | $577,300 |
| Land Assessment | $386,900 | Total Assessment | $964,200 |
Property Taxes
Parcel Number
16-17-308-021-0000
Land Assessment
$386,900
Improvements Assessment
$577,300
Total Assessment
$964,200
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1810 S 800 E
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