1366 S 400 W
Land | 0.53 acres
Marketing description
A multifamily development opportunity in one of Salt Lake City's most supply-constrained corridors. This 0.53-acre site is zoned MU-11 with plans drawn for a 90-unit project — comprising 60 studios, 20 one-bedrooms, and 10 two-bedrooms across 7 stories with 36 parking stalls. Positioned directly adjacent to I-15 with exceptional freeway visibility, the site sits in a Qualified Census Tract, opening the door to NMTC, LIHTC, and other favorable financing structures. Neighboring new residential developments like The Whitney and The Paxton signal strong market momentum in the area. Ground lease also available for developers seeking to preserve capital.
- GROUD LEASE OPTION AVAILABLE
- Seller Financing Available/preferred
Investment highlights
- High Density Development Land
-.53 of an Acre (23,087 SF)
- Ground Lease Available
- Located in the Qualified Census Tract
- Zoning: CG (Soon to be MU8)
- Freeway Adjacent
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