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Alinéa Commercial 877 S 200 W 2 Unit Apartment Building $3,599,582 CAD ($1,799,791 CAD/Unit) 6.50% Cap Rate Salt Lake City, UT 84101

Apartment Buildings Utah Salt Lake City 877 S 200 W, Salt Lake City, UT 84101

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INVESTMENT HIGHLIGHTS

  • FOR SALE - COMMERCIAL ONLY - Multi-Tenant Retail located beneath Apartments in up and coming Central 9th Neighborhood

EXECUTIVE SUMMARY

FOR SALE - COMMERCIAL ONLY
- Asking Purchase Price: $2,630,331
- Above Market Rents in Place
- Multi-Tenant Commercial Spaces consisting of 4,600 sqft
- Located beneath Multi-unit Apartments in up and coming Central 9th Neighborhood
- Existing Restaurant Infrastructure & Massage Build-Outs
- Built New in 2018

ATTACHMENTS

877 S 200 W Flyer_For Sale

PROPERTY FACTS

Price $3,599,582 CAD Building Class B
Price Per Unit $1,799,791 CAD Lot Size 0.50 AC
Sale Type Investment Building Size 4,600 SF
Cap Rate 6.50% Average Occupancy 100%
No. Units 2 No. Stories 1
Property Type Multifamily Year Built 2018
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
 Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Apartment Style Low-Rise
Zoning FB-UN2 - FB-UN2 Zoning
Price $3,599,582 CAD
Price Per Unit $1,799,791 CAD
Sale Type Investment
Cap Rate 6.50%
No. Units 2
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Apartment Style Low-Rise
Building Class B
Lot Size 0.50 AC
Building Size 4,600 SF
Average Occupancy 100%
No. Stories 1
Year Built 2018
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning FB-UN2 - FB-UN2 Zoning
1 1
Walk Score®
Very Walkable (86)
Bike Score®
Very Bikeable (81)
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.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 15-12-254-054-0000 Improvements Assessment $7,055 CAD
Land Assessment $339,331 CAD Total Assessment $346,386 CAD

PROPERTY TAXES

Parcel Number
15-12-254-054-0000
Land Assessment
$339,331 CAD
Improvements Assessment
$7,055 CAD
Total Assessment
$346,386 CAD
(385) 401-5553 x101

Still interested?

Contact the broker for more information about this property

CONTACT

  • Chad Ariss
    Chad Ariss

  • Listing ID: 33599769

  • Date on Market: 2024-10-22

  • Last Updated:

  • Address: 877 S 200 W, Salt Lake City, UT 84101

The Central Salt Lake City Multifamily Property at 877 S 200 W, Salt Lake City, UT 84101 is currently available. Contact AIM Real Estate Group for more information.

MULTIFAMILY PROPERTIES IN NEARBY NEIGHBORHOODS

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Alinéa Commercial | 877 S 200 W
(385) 401-5553 x 101

Alinéa Commercial | 877 S 200 W

Chad Ariss
(385) 401-5553 x101

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