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Windsor Apartments 837-841 E 700 S 18 Unit Apartment Building For Sale Salt Lake City, UT 84102
Investment Highlights
- PRIME CENTRAL LOCATION: Located in Central City near Liberty Park and within walking distance to the popular 9th & 9th retail district
- VALUE-ADD POTENTIAL: Opportunity to boost NOI through lease-up of vacant units and targeted expense reduction
- TURNKEY RENOVATION: Fully renovated units with no deferred maintenance—ready for immediate investor ownership
Executive Summary
Marcus & Millichap is pleased to present Windsor, a fully renovated multifamily asset located in the heart of Salt Lake City’s desirable Central City neighborhood. Just blocks from Liberty Park and walkable to the vibrant 9th & 9th retail district, Windsor offers an irreplaceable location with strong tenant appeal and long-term neighborhood demand. The property has been fully renovated with modernized units and no deferred maintenance, allowing for immediate, hassle-free ownership. In addition to stabilized operations, Windsor provides a clear path to enhanced performance through value-add strategies, including loss-tolease burn-off and expense optimization. This turnkey asset presents a compelling opportunity for investors seeking durable income, operational upside, and a central location in one of Salt Lake City’s most established urban submarkets.
Property Facts
| Sale Type | Investment | Lot Size | 0.33 AC |
| No. Units | 18 | Building Size | 18,000 SF |
| Property Type | Multifamily | Average Occupancy | 94% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1968/2022 |
| Building Class | B | Parking Ratio | 0.83/1,000 SF |
| Zoning | RMF-35 - Commercial Zoning | ||
| Sale Type | Investment |
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.33 AC |
| Building Size | 18,000 SF |
| Average Occupancy | 94% |
| No. Stories | 3 |
| Year Built/Renovated | 1968/2022 |
| Parking Ratio | 0.83/1,000 SF |
| Zoning | RMF-35 - Commercial Zoning |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Microwave
- Heating
- Kitchen
- Refrigerator
- Tub/Shower
- Carpet
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Security System
- Bicycle Storage
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | 539 |
| 2+1 | 12 | - | 573 |
1 1
Very walkable
80/100
Fairly drivable
50/100
Some public transit
50/100
Moderately bikeable
70/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $3,666,600 | |
| Land Assessment | $686,000 | Total Assessment | $4,352,600 |
Property Taxes
Parcel Numbers
Land Assessment
$686,000
Improvements Assessment
$3,666,600
Total Assessment
$4,352,600
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Windsor Apartments | 837-841 E 700 S
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