Spencer Court Apartments is a unique 22-unit multifamily community comprised of six smaller multi-family buildings nestled in one of Salt Lake City's most sought-after neighborhoods. The property boasts a proven operational history with strong rental performance and healthy NOI, currently offered at an attractive 6.3% in-place cap rate with compelling… Read More price-per-unit metrics. There is significant opportunity to improve asset quality, push rents, and drive meaningful appreciation. Do not disturb tenants. Buyer to obtain independent measurements and verify all information independently. Read Less
Courtesy of Porter Criddle, Investment Realty Advisors LLC 435-485-7070
Listing Snapshot
Days Online
0
Last Updated
Property Type
> 4 Units
Beds
30
Square Ft.
13,866
Lot Size
0.58 Acres
Year Built
1916
MLS Number
2149702
Additional Details
Building
Building Area Total: 13866, Construction Materials: Brick, Stucco, Living Area: 13866, Living Area Units: Square Feet, Year Built: 1916
Garage
Carport Spaces: 1, Carport YN: t, Covered Spaces: 1, Open Parking YN: t
Property
Current Use: Residential, Parcel Number: 09-31-333-007, Property Condition: Blt./Standing, Property Sub Type: > 4 Units, Property Type: Residential, Vegetation: Mature Trees, View: Mountain(s), View YN: t
Floors
Flooring: Hardwood, Tile, Concrete
Lot
Lot Features: View: Mountain, Lot Size Acres: 0.58, Lot Size Area: 0.58, Lot Size Dimensions: 0.0x0.0x0.0, Lot Size Square Feet: 25264, Lot Size Units: Acres, Topography: View: Mountain