1162 E 400 S
Property Description
Rare opportunity to acquire a large-unit 8-plex steps from the University of Utah. Each of the eight units offers approximately 1,100 square feet with a 2-bedroom / 1-bathroom layout, an ideal configuration for both traditional leasing and student-oriented rental models. Strong location within walking distance to campus, transit, and downtown Salt Lake City supports consistent tenant demand. The property offers cosmetic value-add potential and operational upside through rental strategy improvements. Historically operated under multiple leasing structures, providing flexibility for investors to optimize income (buyer to verify). Owner/Agent.
Broker Details
Investment Realty Advisors, LLC (801) 971-2542
MLS ID: 99739
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $2,300,000 |
| No. of Units: | 8 |
| Year Built: | 1973 |
| Lot Size: | 9,563.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $287,500 |
| Property Website | Click Here |
| Number of Bedrooms: | 16 |
| Number of Bathrooms: | 8 |
ID: 3yd-WFRMLSUT-2155284
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