Located in the desirable Avenues neighborhood of Salt Lake City, this 7-unit asset provides a great opportunity to the investor looking for a pride of ownership and optimal efficiency.
This 5,335sf asset consist of 1 single family home in front and 6 apartment units in the back. All have been renovated and are producing a strong NOI at $127,768. In place cap is 4.90% with pro-forma cap of 5.32%.
License #: Lic #: UT 5607915-PB00
801-369-5501richard.bird@graystoneca.com