East Central - Salt Lake City, UT Office For Sale
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Address
Asking Price
The Windsor Apartments
849 E 600 S
East Central, Salt Lake City, UT
Lot Size:0.18Acres
The Windsor represents a value-add opportunity to invest in the Salt Lake City market and take advantage of the distinctive living environment this downtown neighborhood has to offer. This complex contains 12 1-bedroom units that are fully occupied, and newer property features include the roof, east stairs, refrigerators, ranges, dishwashers, countertops, and selected furnaces and water heaters. Salt Lake City continues to be a top performing market for multi-family, and post-COVID investing is favoring quality, well-priced, low-density product.
$2,200,000
Park Manor Apartments
841 E 500 S
East Central, Salt Lake City, UT
Lot Size:0.29Acres
Cap Rate: 4.60%
NOI: $207,641
Situated in the hub of rapid redevelopments along the 900 South/Liberty Park Corridor now known as the “9 Line Redevelopment Corridor” in Salt Lake City, Park Manor is a historic gem in this hip, desirable destination neighborhood. Constructed in 1931 by developer A.E. Jorgensen, the newly renovated Park Manor offers exemplary English Tudor architectural features and new mid-century modern upgraded finishes. These factors make it stand out to renters in a desirable submarket mostly dominated by 1960s- and 1970s-style architecture.
Fully renovated in 2019, Park Manor is like a new building in a historic shell and offers spacious Studio, 1-Bedroom, and 2-Bedroom floor plans averaging 631 square feet. All floor plans at Park Manor are accessed through interior stairwells which are very large, bright, and convenient. Most floor plans at Park Manor have two entrances which access the living area as well as the kitchen.
Each floor plan includes original features such as the original wood, divided-light windows and doors, internal floor plans, large kitchen, arched openings, and many original built-in phone nooks and cabinets. The interior design of each dwelling unit takes advantage of large windows, private balconies, and abundant natural light.
The location of Park Manor is outstanding. The community is situated one-half block from historic Liberty Park and the transformed 900 South retail corridor which includes some of Utah’s best restaurants, shopping, and personal care services. This hip neighborhood has been named the #1 Best Neighborhood in Salt Lake City for Young Professionals by Niche.com and a walk/ bike scores of 82/98, respectively, make Park Manor the place to be.
$4,510,000
Lincoln Street Duplex
153 S Lincoln St
East Central, Salt Lake City, UT
Lot Size:0.03Acres
• 3 Blocks from University of Utah• Outstanding Location/Neighborhood• Inexpensive Conversion to Duplex• Value-Add Opportunity• 9 Minute Walk to 900 E. TRAX Station• Parcel #: 16-05-135-026
$325,000
400-502 South 1000 East
East Central, Salt Lake City, UT
Building Size:3,780SF
$525,000
1545 1100 East
1545 S 1100 E
East Central, Salt Lake City, UT
$900,000
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Market Stats
East Central has 22 commercial real estate spaces for lease, representing 98,020 sqft space.
8 buildings are available for sale.
In the past 30 days, East Central has had 9 spaces leased.
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