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200 South Apartments 828 E 200 S 19 Unit Apartment Building $4,959,000 CAD ($261,000 CAD/Unit) Salt Lake City, UT 84102
Investment Highlights
- Compelling Value-Add Upside with Immediate Rent Growth
- Multiple Paths to Value Through Physical and Income Enhancements
- Well-Located Asset in a Transit-Oriented, High-Demand Submarket
Executive Summary
Cushman & Wakefield, as exclusive advisor, is pleased to present the opportunity to acquire the 200 South Apartments (the “Property”), a 19-unit apartment community located in the vibrant East Central neighborhood of Salt Lake City, Utah.
Originally constructed in 1964 on a 0.34-acre site, the Property is a well-maintained brick walk-up building that offers classic appeal and strong value-add potential. The community features thoughtfully designed layouts with durable finishes and recent improvements, while maintaining opportunities for modernization and operational enhancements. Residents benefit from practical amenities including onsite laundry, storage units, and ample parking complemented by convenient access to the city’s best amenities.
This Property represents a rare chance to acquire a well-located property with multiple paths for physical and income growth in one of the mountain west’s most desirable cities.
Originally constructed in 1964 on a 0.34-acre site, the Property is a well-maintained brick walk-up building that offers classic appeal and strong value-add potential. The community features thoughtfully designed layouts with durable finishes and recent improvements, while maintaining opportunities for modernization and operational enhancements. Residents benefit from practical amenities including onsite laundry, storage units, and ample parking complemented by convenient access to the city’s best amenities.
This Property represents a rare chance to acquire a well-located property with multiple paths for physical and income growth in one of the mountain west’s most desirable cities.
Property Facts
| Price | $4,959,000 CAD | Building Class | C |
| Price Per Unit | $261,000 CAD | Lot Size | 0.34 AC |
| Sale Type | Investment | Building Size | 14,217 SF |
| No. Units | 19 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1964 |
| Property Subtype | Apartment | Parking Ratio | 1.41/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | RMF-35 - Moderate Density Multi-Family Residential | ||
| Price | $4,959,000 CAD |
| Price Per Unit | $261,000 CAD |
| Sale Type | Investment |
| No. Units | 19 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.34 AC |
| Building Size | 14,217 SF |
| No. Stories | 3 |
| Year Built | 1964 |
| Parking Ratio | 1.41/1,000 SF |
| Zoning | RMF-35 - Moderate Density Multi-Family Residential |
Amenities
Unit Amenities
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
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Exceptionally walkable
90/100
Fairly drivable
50/100
Good public transit
60/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 16-05-162-009-0000 | Improvements Assessment | $3,190,428 CAD |
| Land Assessment | $884,631 CAD | Total Assessment | $4,075,058 CAD |
Property Taxes
Parcel Number
16-05-162-009-0000
Land Assessment
$884,631 CAD
Improvements Assessment
$3,190,428 CAD
Total Assessment
$4,075,058 CAD
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200 South Apartments | 828 E 200 S
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