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Sugarhouse Townhomes 321 E 2100 S 5 Unit Apartment Building $3,836,800 CAD ($767,360 CAD/Unit) 7.29% Cap Rate Salt Lake City, UT 84115

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INVESTMENT HIGHLIGHTS

  • This is a rear, 4-bedroom, 3 bath, very attractive housing project in Sugarhouse. located in one of the most desirable locations in SLC, Utah.

EXECUTIVE SUMMARY

Five amazing, 4 bedroom townhomes in the lower Sugarhouse area. Quality construction with stone, Hardie and stucco exteriors. These units are extremely well priced. Total five unit package is only $2,750,000. Comparable rents are over $4000 per unit - $20,000 per month or $240,000 per year. These units are also Nightly Rental Approved, being in the CB (Commercial Business) Zone, which is the only zone in Salt Lake that allows for STR or Short Term Rentals. Pro forma annual gross rents from nightly rentals is $67,000. This area of Sugarhouse is going through a rebirth. New commercial shops, restaurants and housing is happening all along the 700 E to 300 W - 2100 South corridor. This area is only going to be more desirable each day. Large, two car garages, with main floor office space enhances the in home office experience

FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $3,836,800 CAD
Price Per Unit $767,360 CAD
Sale Type Investment
Cap Rate 7.29%
No. Units 5
Property Type Multifamily
Property Subtype
Apartment
  • Office Office Residential
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class B
Lot Size 0.14 AC
Building Size 11,624 SF
No. Stories 3
Year Built 2025
Parking Ratio 0.52/1,000 SF
Zoning CB - Commercial Business Zone which is the only zone in Salt Lake City that allows for Nightly Rentals (or STR - Short Term Rentals).

AMENITIES

  • Smoke Detector

UNIT AMENITIES

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Disposal
  • Microwave
  • Storage Space
  • Washer/Dryer Hookup
  • Heating
  • Ceiling Fans
  • Tile Floors
  • Double Vanities
  • Eat-in Kitchen
  • Kitchen
  • High Speed Internet Access
  • Oven
  • Sprinkler System
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Walk-In Closets
  • Wi-Fi
  • Den
  • Double Pane Windows
  • Family Room
  • Framed Mirrors
  • Handrails
  • Island Kitchen
  • Linen Closet
  • Office
  • Pantry
  • Porch
  • Vinyl Flooring
  • Large Bedrooms
  • Quartz Countertops

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Individual Locking Bedrooms
  • Private Bathroom

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
4+3 2 $5,302 CAD 2,413 - 4,826
4+3 3 $5,023 CAD 2,266 - 6,798
Walk Score®
Very Walkable (81)
Bike Score®
Very Bikeable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
16-19-201-001-0000
Land Assessment
$698,345 CAD
Improvements Assessment
$1,510,579 CAD
Total Assessment
$2,208,923 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025 Payable 2025
  • Listing ID: 38012564

  • Date on Market: 2025-10-09

  • Last Updated:

  • Address: 321 E 2100 S, Salt Lake City, UT 84115

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