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INVESTMENT HIGHLIGHTS
- Prime Millcreek Location Near Retail, Dining & Recreation
- Value-Add Potential Through Rent Growth at Renewal
- Newly Constructed Units with Premium Finishes & Attached Garages
- Flexible Investment Strategy with Multiple Exit Options
EXECUTIVE SUMMARY
MMG Real Estate Advisors is pleased to present the opportunity to acquire The Quincy Townhomes, a newly constructed community located in the heart of Millcreek, Utah. The property combines modern design, premium finishes, and a walkable location near top retail, dining, and recreation options. With strong fundamentals, value-add potential, and multiple exit strategies, this asset presents an attractive investment opportunity in one of Salt Lake County’s most desirable submarkets.
FINANCIAL SUMMARY (PRO FORMA - 2026) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| 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 | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| 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
| Sale Type | Investment | Lot Size | 0.66 AC |
| No. Units | 20 | Building Size | 29,360 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Townhome | Year Built | 2025 |
| Building Class | B |
| Sale Type | Investment |
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | B |
| Lot Size | 0.66 AC |
| Building Size | 29,360 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 2025 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2.5 | 4 | $3,742 CAD | 1,700 |
| 3+2.5 | 16 | $3,881 CAD | 1,410 |
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Quincy Townhomes | 4372 S 900 E
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