3570 S 300 E | Salt Lake City, UT 84115
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- LoopNet Team
3570 S 300 E
Salt Lake City, UT 84115
Townhomes at Mountain Ridge · Multifamily Property For Sale
·
63 Units
INVESTMENT HIGHLIGHTS
- Value-Add Opportunity
- Strong Rent Growth Submarket
- Lease Rents Well Below Market Rates
- High-demand area with submarket occupancy of 97%
PROPERTY FACTS
| No. Units | 63 | Building Size | 94,500 SF |
| Property Type | Multifamily | Average Occupancy | 95% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1972 |
| Building Class | C | Parking Ratio | 1.35/1,000 SF |
| Lot Size | 2.65 AC | ||
| Zoning | RM - Residential Multifamily | ||
| No. Units | 63 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 2.65 AC |
| Building Size | 94,500 SF |
| Average Occupancy | 95% |
| No. Stories | 2 |
| Year Built | 1972 |
| Parking Ratio | 1.35/1,000 SF |
| Zoning | RM - Residential Multifamily |
AMENITIES
UNIT AMENITIES
- Balcony
- Microwave
- Storage Space
- Washer/Dryer Hookup
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Walk-In Closets
- Freezer
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Pool
- Property Manager on Site
- Gas Range
- Maintenance on site
- Online Services
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 1 | $1,300 | 1,100 |
| 3+2 | 62 | $1,450 | 1,500 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $12,123,800 | |
| Land Assessment | $3,900,900 | Total Assessment | $16,024,700 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$3,900,900
Improvements Assessment
$12,123,800
Total Assessment
$16,024,700
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