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Lattice Apartments & North Tower 2 Properties Offered at $62,252,548 CAD in Salt Lake City, UT
INVESTMENT HIGHLIGHTS
- Lattice Apartments: 184 micro-units fully renovated in 2023 with high-end finishes, smart home features, and private Juliette balconies.
- Zoning & Site: 2.99-acre site zoned D-1 and D-2, offering flexibility for mixed-use development.
- Opportunity Zone: Positioned within a designated Opportunity Zone, offering potential tax advantages for investors.
- North Tower: Vacant 9-story, 204-key former hotel with flexible redevelopment potential.
- Transit-Oriented: Located on 600 South with direct access to I-15 and a 6-minute walk to the TRAX light rail station.
EXECUTIVE SUMMARY
The Lattice Apartments & North Tower Investment Opportunity, features a fully renovated 184-unit micro-apartment community and a vacant 204-key former hotel located in the heart of Downtown Salt Lake City.
PROPERTY FACTS
| Price | $62,252,548 CAD | Number of Properties | 2 |
| Price / SF | $175.50 CAD / SF | Individually For Sale | 0 |
| Sale Condition | Bulk/Portfolio Sale | Total Building Size | 354,712 SF |
| Sale Type | Investment | Total Land Area | 5.98 AC |
| Status | Active |
| Price | $62,252,548 CAD |
| Price / SF | $175.50 CAD / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 354,712 SF |
| Total Land Area | 5.98 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
North Tower
161 W 600 S, Salt Lake City, UT 84101 |
Hospitality | 114,712 SF | 1973 | - |
|
Lattice
640 S West Temple, Salt Lake City, UT 84101 |
Multifamily | 240,000 SF | 2023 | - |
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Lattice Apartments & North Tower
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