The Avenues – Multifamily

$2,660,000
  • Apartments
  • 80 M STREET SALT LAKE CITY, UT 84103

Additional Information:

  • Off Market Sale
  • Downtown Salt Lake City
  • The Avenues consist of all 1+1 units with laundry inside every unit.
  • The purchaser’s strategy is to rehab, reposition and increase the rent.
  • The property is located five minutes from Temple Square and the Utah State Capital
  • Property has covered parking for every unit.

Sale Indicators

  • No. Units: 16
  • Year Built: 1963
  • GRM 15.64
  • CAP: 4.04%
  • Building SF: 9,600

Lot SF: 14,810

Agent:

Jesus H. Henao

Managing Principal / Broker

Devin J. Rottweiler

Investment Associate
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