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33811466
33811467

2689 S 500 E, Salt Lake City, UT 84106 For Sale

CM
UT 6195710BB00
VUE | Christies
Listed by VUE | Christies
$5,899,000
253 days on market
Updated 32 days ago

2689 S 500 E

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 15,062
Units 12
Tenancy Vacant
Pro-Forma Cap Rate 6.41%
Pro-Forma NOI $378,000
Class A
Year Built 2026
Stories 2
Acreage 0.410
Zoning CN
Parking Spaces 1 per unit

The Harvey - A Unique Opportunity

Marketing description

The Harvey presents a rare opportunity to acquire 12 units in a newly built, Class A 1-unit multi-family asset in the thriving Sugar House submarket of Salt Lake City. Luxury finishes and high-quality construction. Unit Mix: 5 Brownstone Units w/ separate walk-out basement 4 Penthouse condos (ADA adaptive) 3 Garden-style townhomes 12 covered carport spaces, dedicated bike parking, elevator, interior mail delivery, All-electric building, gypcrete sound insulation, zoned mini-split HVAC, fire sprinklers, Panasonic WhisperGreen ventilation, Google Fiber, skylights for natural light, Modern systems and energy-efficient design reduce near-term maintenance and operating costs. Situated in Sugar House, one of Salt Lake City's strongest rental and owner-occupant markets with robust demand and low vacancy. All condos/townhomes are separately parceled. There is currently a commercial condo available for purchase in addition to the 12 residential units, the commercial space is not included in the multi-unit sale and is platted as a separate parcel.

Investment highlights

  • Virtual Tour: https://tours.christiesrealestatepc.com/2689s500e

Listing Contacts

CM
UT 6195710BB00
VUE | Christies
Listed by VUE | Christies

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