404 E 5600 S
Salt Lake City, UT 84107
Multifamily For Sale · Multifamily Property For Sale

Family Run Operation. Minimal File Records Kept. Pro Forma Information Provided as a Courtesy Estimate Only. Square Footage acquired from Prior Appraisal. One Right of First Refusal Recorded with County. Manager Unit Occupied Rent-Free in Exchange for Onsite Service. Units are Not Separately Metered and Landlord Currently Pays All Utilities. Rent History Mostly 100% Occupied By Long-Term Tenants At Below Market Rent. Future Income Growth Opportunity Ideas; Market Rate Rent, Utility Reimbursement, Fees for Future Covered Parking & Storage Closets, Coin Operated Laundry Facilities, Vending Machines, Other Added Amenities, etc. Buyer Agency Compensation 2.0%. Do Not Disturb Tenants! Keep in Mind Tenants Currently Pay Low Rent (Utilities Included) and are Unaware Building is For Sale! Apartment Showings Subject to Accepted Offer ONLY. Offer MUST Include Proof of Funds and/or Preapproval of Financing. Listing Agent Shall Provide Purchase Sale Agreement (No Other PSA Shall Be Considered). Seller May Execute 1031 Tax Exchange Which May Require Buyer Cooperation. Buyer to Conduct Own Rent Analysis to Confirm Higher Market Rents. All Pro Forma Info Provided as a Courtesy Estimate Only. Information Not Guaranteed. Buyer Advised to Verify All Information, Listing, Financial, Lease, Zoning, Use, Personal Property, etc.