144 E 2nd Ave
- 14,850 SF building
- 21 units
- Built in 1923
- Renovated in 2021
- Zoned RMF-75
- Timeless architectural charm
- Modern upgrades
Property Description
Stanton-Yale Apartments, a rare dual building multi-family offering in one of Utah's most historic and sought-after neighborhoods. This stunning 21-unit brick property showcases timeless architectural charm, while also featuring modern upgrades. Each unit has been renovated and features new countertops, cabinets, and contemporary finishes while preserving the original hardwood flooring and penny tile bathrooms. Operational upside remains through improved management, stabilization of occupancy, and system upgrades. Large lot size, strong rental location, and parking make this a compelling value-add opportunity. Buyer advised to obtain independent measurements. Parcel 09-31-379-010 also included in sale. Owner/Agent.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $4,345,000 |
| No. of Units: | 21 |
| Year Built: | 1923 |
| Lot Size: | 0.62 Acres |
| Opportunity Zone: | No |
| Price per unit: | $206,905 |
| Property Website | Click Here |
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Lenders
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Essex Property Trust, Inc.
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Josh A
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Bob Tuteur
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Andrew Schildcrout