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200 South Apartments 828 E 200 S 19 Unit Apartment Building $3,600,000 ($189,474/Unit) Salt Lake City, UT 84102
INVESTMENT HIGHLIGHTS
- Compelling Value-Add Upside with Immediate Rent Growth
- Multiple Paths to Value Through Physical and Income Enhancements
- Well-Located Asset in a Transit-Oriented, High-Demand Submarket
EXECUTIVE SUMMARY
Cushman & Wakefield, as exclusive advisor, is pleased to present the opportunity to acquire the 200 South Apartments (the “Property”), a 19-unit apartment community located in the vibrant East Central neighborhood of Salt Lake City, Utah.
Originally constructed in 1964 on a 0.34-acre site, the Property is a well-maintained brick walk-up building that offers classic appeal and strong value-add potential. The community features thoughtfully designed layouts with durable finishes and recent improvements, while maintaining opportunities for modernization and operational enhancements. Residents benefit from practical amenities including onsite laundry, storage units, and ample parking complemented by convenient access to the city’s best amenities.
This Property represents a rare chance to acquire a well-located property with multiple paths for physical and income growth in one of the mountain west’s most desirable cities.
Originally constructed in 1964 on a 0.34-acre site, the Property is a well-maintained brick walk-up building that offers classic appeal and strong value-add potential. The community features thoughtfully designed layouts with durable finishes and recent improvements, while maintaining opportunities for modernization and operational enhancements. Residents benefit from practical amenities including onsite laundry, storage units, and ample parking complemented by convenient access to the city’s best amenities.
This Property represents a rare chance to acquire a well-located property with multiple paths for physical and income growth in one of the mountain west’s most desirable cities.
PROPERTY FACTS
| Price | $3,600,000 | Building Class | C |
| Price Per Unit | $189,474 | Lot Size | 0.34 AC |
| Sale Type | Investment | Building Size | 14,217 SF |
| No. Units | 19 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1964 |
| Property Subtype | Apartment | Parking Ratio | 1.41/1,000 SF |
| Zoning | RMF-35 - Moderate Density Multi-Family Residential | ||
| Price | $3,600,000 |
| Price Per Unit | $189,474 |
| Sale Type | Investment |
| No. Units | 19 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.34 AC |
| Building Size | 14,217 SF |
| No. Stories | 3 |
| Year Built | 1964 |
| Parking Ratio | 1.41/1,000 SF |
| Zoning | RMF-35 - Moderate Density Multi-Family Residential |
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Walk Score®
Very Walkable (83)
Bike Score®
Biker's Paradise (92)
PROPERTY TAXES
| Parcel Number | 16-05-162-009-0000 | Improvements Assessment | $2,316,100 |
| Land Assessment | $642,200 | Total Assessment | $2,958,300 |
PROPERTY TAXES
Parcel Number
16-05-162-009-0000
Land Assessment
$642,200
Improvements Assessment
$2,316,100
Total Assessment
$2,958,300
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200 South Apartments | 828 E 200 S
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