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8561 S Shulsen Ln
West Jordan, UT 84088
Multifamily Property For Sale
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8 Units
Investment Highlights
- STRATEGIC LOCATION: Shulsen Lane Apartments, near Downtown West Jordan and Redwood Road, offer convenience, ensuring high tenant demand and optimal i
- BELOW-MARKET RENTS: Current rents below market rates offer immediate revenue growth potential, with an average increase of ±$623 per month per unit.
- SPACIOUS UNITS: With all 8 floor plans at ±1,000 SF, units provide ample space, setting them apart in West Jordan and attracting quality, long-term t
- RENOVATION UPSIDE: Renovating units to align rents at approximately ±$1,550 per month ensures sustained profitability for investors in Shulsen Lane A
Property Facts
| No. Units | 8 | Building Size | 8,000 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 1958 |
| Building Class | C | Parking Ratio | 1.25/1,000 SF |
| Lot Size | 0.54 AC | ||
| Zoning | R-2 - Residential | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.54 AC |
| Building Size | 8,000 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1958 |
| Parking Ratio | 1.25/1,000 SF |
| Zoning | R-2 - Residential |
Amenities
Unit Amenities
- Kitchen
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 8 | - | 1,000 |
Property Taxes
| Parcel Number | 21-34-378-001-0000 | Improvements Assessment | $823,900 |
| Land Assessment | $538,400 | Total Assessment | $1,362,300 |
Property Taxes
Parcel Number
21-34-378-001-0000
Land Assessment
$538,400
Improvements Assessment
$823,900
Total Assessment
$1,362,300
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