324 E 2nd Ave | Salt Lake City, UT 84103
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- LoopNet Team
324 E 2nd Ave
Salt Lake City, UT 84103
Multifamily Property For Sale
·
11 Units
INVESTMENT HIGHLIGHTS
- Excellent Location: 2nd Avenue benefits from strong demand due to it's close proximity to major employment, entertainment, and recreational centers
- Other Income Potential: Potential to introduce RUBS, parking, and storage fees to further increase income
- Recently Renovated: Exterior and interior renovations, including in-unit washers and dryers, provide a turn-key opportunity for a new owner
PROPERTY FACTS
| No. Units | 11 | Building Size | 9,528 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1958 |
| Building Class | C | Parking Ratio | 1.05/1,000 SF |
| Lot Size | 0.22 AC | ||
| Zoning | RMF-35 | ||
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 9,528 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1958 |
| Parking Ratio | 1.05/1,000 SF |
| Zoning | RMF-35 |
AMENITIES
UNIT AMENITIES
- Dishwasher
- Washer/Dryer
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- Tenant Controlled HVAC
- Smoke Free
- Public Transportation
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 11 | - | 537 |
PROPERTY TAXES
| Parcel Number | 09-31-455-009-0000 | Improvements Assessment | $1,803,500 |
| Land Assessment | $506,800 | Total Assessment | $2,310,300 |
PROPERTY TAXES
Parcel Number
09-31-455-009-0000
Land Assessment
$506,800
Improvements Assessment
$1,803,500
Total Assessment
$2,310,300
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