Log In/Sign Up
Your email has been sent.
Richmond Place Apartments 1272 E Hudson Ave 16 Unit Apartment Building $6,205,410 CAD ($387,838 CAD/Unit) Salt Lake City, UT 84106
INVESTMENT HIGHLIGHTS
- 100% Occupied
- Spacious kitchen with stainless-steel and quartz countertops
- Controlled building access
- Close to Harmon's and Whole Foods
- Carpeted hallways
EXECUTIVE SUMMARY
Berkadia Salt Lake City Investment Sales is pleased to present Richmond Place Apartments, a rare investment opportunity located near Sugar House, Utah. This premier east side property features 16 units, including 6 one-bedroom, one-bathroom homes and 10 two-bedroom, two-bathroom homes, with sizes ranging from 471 to 696 square feet. These well-designed apartments boast stainless-steel appliances and quartz countertops, with select units offering a private garage or balcony. This is an exceptional chance to invest in a sought-after location with high-quality amenities.
Can be purchased with the neighboring Richmond Place Townhomes.
Can be purchased with the neighboring Richmond Place Townhomes.
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$421,389
|
$43.06
|
| Other Income |
$52,929
|
$5.41
|
| Vacancy Loss |
$21,072
|
$2.15
|
| Effective Gross Income |
$453,246
|
$46.32
|
| Taxes |
$35,073
|
$3.58
|
| Operating Expenses |
$77,216
|
$7.89
|
| Total Expenses |
$112,289
|
$11.47
|
| Net Operating Income |
$340,957
|
$34.84
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $421,389 |
| Annual Per SF | $43.06 |
| Other Income (CAD) | |
|---|---|
| Annual | $52,929 |
| Annual Per SF | $5.41 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $21,072 |
| Annual Per SF | $2.15 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $453,246 |
| Annual Per SF | $46.32 |
| Taxes (CAD) | |
|---|---|
| Annual | $35,073 |
| Annual Per SF | $3.58 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $77,216 |
| Annual Per SF | $7.89 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $112,289 |
| Annual Per SF | $11.47 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $340,957 |
| Annual Per SF | $34.84 |
PROPERTY FACTS
| Price | $6,205,410 CAD | Building Class | C |
| Price Per Unit | $387,838 CAD | Lot Size | 0.19 AC |
| Sale Type | Investment | Building Size | 9,786 SF |
| No. Units | 16 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 2021 |
| Apartment Style | Garden | ||
| Zoning | CB - CB Zoning | ||
| Price | $6,205,410 CAD |
| Price Per Unit | $387,838 CAD |
| Sale Type | Investment |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 9,786 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 2021 |
| Zoning | CB - CB Zoning |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Microwave
- Washer/Dryer
- Heating
- High Speed Internet Access
- Stainless Steel Appliances
- Carpet
- Double Pane Windows
- Vinyl Flooring
- Window Coverings
- Large Bedrooms
- Quartz Countertops
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 6 | $2,045 CAD | 471 - 2,826 |
| 2+2 | 10 | $2,517 CAD | 696 - 6,960 |
1 1
Walk Score®
Very Walkable (71)
PROPERTY TAXES
| Parcel Number | 16-29-280-035-0000 | Total Assessment | $7,057,127 CAD |
| Land Assessment | $888,786 CAD | Annual Taxes | $35,073 CAD ($3.58 CAD/SF) |
| Improvements Assessment | $6,168,341 CAD | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
16-29-280-035-0000
Land Assessment
$888,786 CAD
Improvements Assessment
$6,168,341 CAD
Total Assessment
$7,057,127 CAD
Annual Taxes
$35,073 CAD ($3.58 CAD/SF)
Tax Year
2025
1 of 6
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Richmond Place Apartments | 1272 E Hudson Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.