577 S 500 E | Salt Lake City, UT 84102
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577 S 500 E
Salt Lake City, UT 84102
North Park Apartments · Multifamily Property For Sale
·
28 Units
INVESTMENT HIGHLIGHTS
- 100% occupied apartment complex in premium infill location
- High-demand unit mix comprised of 19 studios, 8 one-bedroom units and 1 two-bedroom unit
- Each unit has been outfitted with high efficiency, low-maintenance ductless mini split systems for heating and cooling
- Premier location on 600 South which serves as the primary exit into downtown from the I-15 freeway
- Top-tier amenities within a 2-block radius including Trolley Square, Smith’s Marketplace, Whole Foods, and Trader Joe’s
- On-site coin-operated washer and dryer units
PROPERTY FACTS
| No. Units | 28 | Building Size | 20,160 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built/Renovated | 1920/1989 |
| Building Class | C | Parking Ratio | 0.59/1,000 SF |
| Lot Size | 0.23 AC | ||
| Zoning | RMF-35 - RMF-35 | ||
| No. Units | 28 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 20,160 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built/Renovated | 1920/1989 |
| Parking Ratio | 0.59/1,000 SF |
| Zoning | RMF-35 - RMF-35 |
AMENITIES
UNIT AMENITIES
- Heating
- Kitchen
- Refrigerator
- Oven
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 8 | - | - |
| Studios | 19 | - | - |
| 2+1 | 1 | - | - |
PROPERTY TAXES
| Parcel Number | 16-06-477-005-0000 | Improvements Assessment | $4,062,800 |
| Land Assessment | $575,400 | Total Assessment | $4,638,200 |
PROPERTY TAXES
Parcel Number
16-06-477-005-0000
Land Assessment
$575,400
Improvements Assessment
$4,062,800
Total Assessment
$4,638,200
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