233 N Redwood Rd | Salt Lake City, UT 84116
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- LoopNet Team
233 N Redwood Rd
Salt Lake City, UT 84116
District North · Multifamily Property For Sale
·
148 Units
Investment Highlights
- North Temple is the main transportation corridor running east-west
- The intermodal UTA North Temple FrontRunner Station is located less than 2 miles east and is one of only two UTA stations in Salt Lake City
- The Utah State Fairpark, located 3 blocks to the east, is set to undergo a $150mm renovation
- Quick access to public transportation with the Power Station TRAX stop located just a half-mile from the property
- Rocky Mountain Power, located one block southeast, is set to start developing their 100-acre site
Property Facts
| No. Units | 148 | Building Size | 134,932 SF |
| Property Type | Multifamily | Average Occupancy | 89% |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 2018 |
| Building Class | A | Parking Ratio | 1.61/1,000 SF |
| Lot Size | 2.95 AC | ||
| Zoning | TSAMUE - 199 - 99+ Unit Apt | ||
| No. Units | 148 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | A |
| Lot Size | 2.95 AC |
| Building Size | 134,932 SF |
| Average Occupancy | 89% |
| No. Stories | 4 |
| Year Built | 2018 |
| Parking Ratio | 1.61/1,000 SF |
| Zoning | TSAMUE - 199 - 99+ Unit Apt |
Amenities
Unit Amenities
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Kitchen
- Granite Countertops
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Carpet
- Grill
Site Amenities
- Business Center
- Clubhouse
- Fenced Lot
- Fitness Center
- Laundry Facilities
- Pool
- Spa
- Gameroom
- Grill
- Bicycle Storage
- Conference Rooms
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 40 | - | 550 |
| 1+1 | 64 | - | 620 - 670 |
| 2+2 | 44 | - | 890 - 930 |
Property Taxes
| Parcel Number | 08-34-332-001-0000 | Improvements Assessment | $22,148,000 |
| Land Assessment | $11,280,500 | Total Assessment | $33,428,500 |
Property Taxes
Parcel Number
08-34-332-001-0000
Land Assessment
$11,280,500
Improvements Assessment
$22,148,000
Total Assessment
$33,428,500
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