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33 Views 2780 E 3300 S 10 Unit Apartment Building $4,250,000 ($425,000/Unit) 4.38% Cap Rate Salt Lake City, UT 84109



EXECUTIVE SUMMARY
Fantastic newer 10 Plex in Millcreek. Built in 2021. Low Maintenance. High end finishes, Quartz counters, LVP, Central AC, Roller Shades, W/D in each apartment. Electronic FOB/app access and keypad doorlocks. 2 Commercial office spaces on the main floor, 8 Residential Apartments. Two 2 Bedroom 2 Bath units; Four 2 Bedroom Plus Office and 2 Bath units; Two 3 Bedroom 2 Bath Units. Heated Driveway. 23 Parking Stalls (Tandem). Seller Finance avail w 20% down at 6% up to 24 months. Owner/Agent
DATA ROOM Click Here to Access
PROPERTY FACTS Under Contract
| Price | $4,250,000 | Property Subtype | Apartment |
| Price Per Unit | $425,000 | Apartment Style | Low-Rise |
| Sale Type | Investment | Lot Size | 0.28 AC |
| Cap Rate | 4.38% | Building Size | 20,000 SF |
| Gross Rent Multiplier | 16.9 | Average Occupancy | 95% |
| No. Units | 10 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 2021 |
| Zoning | R-M | ||
| Price | $4,250,000 |
| Price Per Unit | $425,000 |
| Sale Type | Investment |
| Cap Rate | 4.38% |
| Gross Rent Multiplier | 16.9 |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Lot Size | 0.28 AC |
| Building Size | 20,000 SF |
| Average Occupancy | 95% |
| No. Stories | 3 |
| Year Built | 2021 |
| Zoning | R-M |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Washer/Dryer
- Heating
- Kitchen
- Vaulted Ceiling
- High Speed Internet Access
- Ice Maker
- Refrigerator
- Oven
- Range
- Tub/Shower
- Views
- Carpet
- Double Pane Windows
- Island Kitchen
- Vinyl Flooring
- Window Coverings
- Quartz Countertops
SITE AMENITIES
- Elevator
- Fiber Optic Internet
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 6 | $2,550 | 1,159 - 1,350 |
| 3+2 | 2 | $2,650 | 1,450 |
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PROPERTY TAXES
| Parcel Number | 16-26-351-046-0000 | Improvements Assessment | $2,868,190 |
| Land Assessment | $338,690 | Total Assessment | $3,206,880 |
PROPERTY TAXES
Parcel Number
16-26-351-046-0000
Land Assessment
$338,690
Improvements Assessment
$2,868,190
Total Assessment
$3,206,880
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33 Views | 2780 E 3300 S
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