Colliers International is pleased to present this exclusive offering to acquire Century Apartments, located in the heart of Sugar House and comprised of 31 fully renovated units. Close to a dazzling array of amenities at which to visit, shop, and dine, and with less than a 15-minute drive to Downtown Salt Lake, Interstate 15, the University of Utah, and Westminster College, Century Apartments provides easy access to the entire Salt Lake Valley.
Originally constructed in the 1960s, Century Apartments was fully renovated in late 2019 and is currently fully stabilized. There is value-add opportunity in that the rents have remained below market while still leasing up strongly during the pandemic. These factors, along with Century’s prime location and renovation, make this an incredible opportunity to invest in the desirable Salt Lake City market and one of its best neighborhoods.
