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670 S West Temple
Salt Lake City, UT 84101
Multifamily Property For Sale
·
12 Units
Investment Highlights
- Value-Add Opportunity: exterior and interior renovations
- Unit Mix: A desirable blend of studios of and large one-bedroom apartments
- This parcel's D-2 zoning allows for increased residential density and potential development upside in the future
- Rent escalation upside as units are currently rented below market rate
- Walking distance to Salt Lake City's Central Downtown district
Property Facts
| No. Units | 12 | Lot Size | 0.19 AC |
| Property Type | Multifamily | Building Size | 6,351 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 3 |
| Building Class | C | Year Built/Renovated | 1906/1990 |
| Zoning | D-2 | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 6,351 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1906/1990 |
| Zoning | D-2 |
Amenities
Unit Amenities
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Freezer
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 5 | $850.00 | 370 |
| 1+1 | 7 | $1,000 | 643 |
Property Taxes
| Parcel Number | 15-12-227-004-0000 | Improvements Assessment | $35,200 |
| Land Assessment | $1,779,900 | Total Assessment | $1,815,100 |
Property Taxes
Parcel Number
15-12-227-004-0000
Land Assessment
$1,779,900
Improvements Assessment
$35,200
Total Assessment
$1,815,100
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