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Investment Highlights
- Six-unit multifamily property completed in 2022.
- Attached garage parking is provided across all residences.
- Located with convenient access to I-15, I-215, and regional employment centers.
- Concrete construction supports durability and sound separation.
- Modern interiors feature quartz countertops and oversized kitchen islands.
- Mix of larger residential layouts supports broad tenant appeal.
Executive Summary
7045 S 300 E presents an opportunity to acquire a recently constructed six-unit multifamily asset in Midvale, Utah. The property consists of three sets of luxury twin homes and was completed in 2022 with concrete construction designed to support durability, sound separation, and energy efficiency. The unit mix includes four residences featuring three-bedroom layouts and two larger residences featuring five-bedroom layouts, creating a diversified rental offering within a single investment.
Interior finishes include polished concrete flooring on the main level, contemporary kitchens with oversized islands, quartz countertops, and stainless-steel appliances. Multiple units include finished basements, upper-level family rooms, and attached garages, providing residential features that appeal to long-term tenants seeking larger living environments.
The property benefits from a central Salt Lake Valley location in Midvale, with convenient access to major transportation corridors including I-15 and I-215. The surrounding area provides connectivity to employment centers throughout Midvale, Sandy, Murray, South Jordan, and downtown Salt Lake City. Nearby retail, dining, recreation, and public transit options contribute to the property's accessibility and tenant appeal.
For investors, the asset offers the combination of recent construction, limited near-term capital expenditure requirements, and a multi-unit configuration within a well-established residential market. The property's location, unit mix, and modern construction standards position it as a potential long-term income-producing investment within the growing Salt Lake metropolitan area.
Interior finishes include polished concrete flooring on the main level, contemporary kitchens with oversized islands, quartz countertops, and stainless-steel appliances. Multiple units include finished basements, upper-level family rooms, and attached garages, providing residential features that appeal to long-term tenants seeking larger living environments.
The property benefits from a central Salt Lake Valley location in Midvale, with convenient access to major transportation corridors including I-15 and I-215. The surrounding area provides connectivity to employment centers throughout Midvale, Sandy, Murray, South Jordan, and downtown Salt Lake City. Nearby retail, dining, recreation, and public transit options contribute to the property's accessibility and tenant appeal.
For investors, the asset offers the combination of recent construction, limited near-term capital expenditure requirements, and a multi-unit configuration within a well-established residential market. The property's location, unit mix, and modern construction standards position it as a potential long-term income-producing investment within the growing Salt Lake metropolitan area.
Property Facts
| Price | $8,172,129 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $1,362,021 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.38 AC |
| No. Units | 6 | Building Size | 23,040 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 2022 |
| Zoning | 1204 | ||
| Price | $8,172,129 CAD |
| Price Per Unit | $1,362,021 CAD |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.38 AC |
| Building Size | 23,040 SF |
| No. Stories | 2 |
| Year Built | 2022 |
| Zoning | 1204 |
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Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $5,478,466 CAD | |
| Land Assessment | $1,154,367 CAD | Total Assessment | $6,632,834 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$1,154,367 CAD
Improvements Assessment
$5,478,466 CAD
Total Assessment
$6,632,834 CAD
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7045 S 300 E
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