Utah Multi-Family For Sale

Exquisitely remodeled rambler next to Emigration Creek and across from Wasatch Hollow Preserve, this exclusive estate is an Entertainer's delight featuring 2 kitchens, 5,906 SF of living area, 7 bedrooms, and 4.5 baths, sprawling the .42 acre lot. Open floor plan, expansive vaulted ceilings, four new bathrooms, new roof, siding, gutters, decking, new paint inside and out, 3 new furnaces, 3 new water heaters, canned lighting, exposed wood beams, two gazebos, brand new Spa, gourmet kitchen, double oven w/microwave convection, stone counter tops and islands up and down, flowing rooms, skylights, large windows, natural lighting, large bedrooms with build ins and double closets, large kitchens and dining areas, vast amounts of storage, fully fenced beautiful back yard. Basement features a large apartment unit to be used as a mother-in-law or duplex unit (approximately 1500 SF) with separate gas and electric meters, furnaces and A/Cs. The apartment unit is leased on a month to month lease with separate entrance and it's own two car garage. There are 4 garages total, 2 carports and 6+ uncovered spaces on site with RV parking. Home is occupied, showings are available with sufficient notice and by appointment only. Access to the basement apartment is limited but can be arranged with 24 advanced notice. Easy to show. Agents to follow CDC Covid guidelines when showing masks required. Exquisitely remodeled rambler next to Emigration Creek and across from Wasatch Hollow Preserve, this exclusive estate is an Entertainer's delight featuring 2 kitchens, 5,906 SF of living area, 7 bedrooms, and 4.5 baths, sprawling the .42 acre lot. Open floor plan, expansive vaulted ceilings, four new bathrooms, new roof, siding, gutters, decking, new paint inside and out, 3 new furnaces, 3 new water heaters, canned lighting, exposed wood beams, two gazebos, brand new Spa, gourmet kitchen, double oven w/microwave convection, stone counter tops and islands up and down, flowing rooms, skylights, large windows, natural lighting, large bedrooms with build ins and double closets, large kitchens and dining areas, vast amounts of storage, fully fenced beautiful back yard. Basement features a large apartment unit to be used as a mother-in-law or duplex unit (approximately 1500 SF) with separate gas and electric meters, furnaces and A/Cs. The apartment unit is leased on a month to month lease with separate entrance and it's own two car garage. There are 4 garages total, 2 carports and 6+ uncovered spaces on site with RV parking. Home is occupied, showings are available with sufficient notice and by appointment only. Access to the basement apartment is limited but can be arranged with 24 advanced notice. Easy to show. Agents to follow CDC Covid guidelines when showing masks required.

Located just north of Downtown Salt Lake City is “The Ashwell”, a 27-unit multifamily property situated in the charming and historical Marmalade District, which is well-known for its array of vintage residential buildings mixed with many upcoming developments. This places The Ashwell not only close to the many dining, shopping, and cultural amenities available downtown, but it is also just minutes away from Highway 89 and Interstate 15, providing easy access to all the Salt Lake Valley has to offer. In the few years leading up to 2018, the previous owner of the rebranded “The Ashwell” (previously known as “Cliffside Apartments”) renovated the property to include a substantial improvement of structural supports, interior finishes, new appliances, utilities upgrades, and more. Since 2018, the current owner has continued adding significant value to the property by upgrading every unit to include in-unit washer/dryer hook-ups and brand-new full-sized stackable washers & dryers. Additional recent upgrades at The Ashwell include enclosed covered parking, a completely renovated exterior with a new, modern aesthetic, and an improved facade with a prominent modern wood design, giving The Ashwell a cool, contemporary look and a strong sense of place. Two upper floor units have been completely remodeled, including the kitchen front, painted cabinetry, new countertops, new flooring, and refreshed color palette. Additionally, some renovation work has been done on the lower seven units, such as new doors with metal lanterns on top and covered parking with direct access to those seven units, which have been very popular and yielded higher rents. For more details on additional new upgrades of some of the units and the substantial rent increases in those units, please see page 9 of the offering memorandum.

Close to Hwy 89 and I-15

The project has been very well maintained with numerous long term tenants.

This property is just minutes off of a major freeway and less than a mile away from the Maverik Center

The Marmalade District is named after the jam made from the many fruit trees that line the streets. As one of the oldest districts in Salt Lake City, this area of West Capitol Hill has some of the richest character and history in the city. Located just north of downtown, the Marmalade District remains a strong community of professionals who work in the city or take the nearby train to other locations in the valley. Salt Lake City is ranked #20 by Forbes as a best place for a business and career. With a high median household income of $71,389 and an unemployment rate of 3%, Salt Lake City remains a strong market with great underlying demographics. Easy access to outdoor amenities in the Wasatch Front and Park City, as well as a rich sports culture with the Utah Jazz and University of Utah sports teams, and night life make Salt Lake City an attractive place to live. This turnkey 7-Plex in the Marmalade district is a rare find for Salt Lake City investors. The property is located close to I-15 exits and is walking distance to downtown and TRAX/Frontrunner stations. Recent upgrades include appliance packages, roof repairs, pipe replacements, foundation work, and other interior renovations. The property used to be LDSBC student housing and is being converted to market rate housing. Loan terms provided by Steve Lowell, Managing Director of Capital Markets at The Yellowstone Group (steve@tygcre.com) Listed square footage amounts are estimates and are to be confirmed by buyer.

Great office space 2896sq.ft of space. Waiting room and reception area on main level. Basement entrance for downstairs area.

Quiet, friendly neighborhood with easy access to major highways, shopping and entertainment. Located in the rapidly growing city of Ogden, this is a great investment property with low vacancy rate is just minutes away from downtown. Three minute drive time to Ogden Commuter Rail, and an eleven minute commute to Roy Commuter Rail. Walking distance to the downtown Ogden area. SVN | ALTA COMMERCIAL is pleased to present this unique 13 unit apartment complex. The current owners of this apartment complex has owned and maintained the property for 28 years, showing pride of ownership, each unit is in great condition and has been routinely improved and remodeled as tenants have vacated. One unit will be renovation when current tenant vacates the unit in June 2018, which will raise the rent from $550 per month to $700. The parking lot was re-poured last year with reinforced concrete and the covered parking will accommodate 8 vehicles.