www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
33346409
33346408

218 South 200 East, Salt Lake City, UT 84111

MJ
UT UT 5505345-SA00
Northmarq - Salt Lake City
RN
UT UT 8919027-SA00
Northmarq - Salt Lake City
Listed by Northmarq - Salt Lake City
Unpriced
0 days on market
Updated 0 days ago
Opportunity zone

theRANDI Apartments

Details
Property Type Multifamily
Sub Type Apartment Building
Net Rentable (SqFt) 48,245
Units 61
Class A
Year Built 2022
Buildings 1
Acreage 0.340

About This Property

Marketing description

Located in the heart of downtown Salt Lake City, theRANDI is a modern mixed-use multifamily asset offering 61 luxury apartment units and a retail space in one of the city’s most walkable and transit-oriented neighborhoods. Completed in 2022, the six-story development features a mix of studio, one-, two-, and three-bedroom floor plans designed to appeal to young professionals, urban renters, and lifestyle-focused residents seeking premium downtown living. The property’s location at the corner of 200 South and 200 East places residents within walking distance of Salt Lake City’s top dining, entertainment, employment, and cultural destinations, while also benefiting from strong connectivity to TRAX light rail and major commuter corridors.

theRANDI differentiates itself through a high-end amenity package and thoughtfully curated resident experience. Community features include a rooftop deck with panoramic city views, fire pits, seating areas, BBQ spaces, conditioned bicycle storage, EV charging stations, smart-home technology, and a lobby designed to create an upscale urban atmosphere. Individual units feature quartz countertops, stainless-steel appliances, spacious layouts, and 10–12 foot ceilings, positioning the asset competitively within Salt Lake City’s growing luxury multifamily market.

As Downtown Salt Lake City continues to experience residential growth, increased urban density, and expanding employment opportunities, theRANDI represents a strong opportunity for investors seeking exposure to one of the Intermountain West’s fastest-growing urban cores.

Investment highlights

- 61 units + 1,204 SF retail

- Downtown SLC mid-rise

- 2022 construction

Listing Contacts

MJ
UT UT 5505345-SA00
Northmarq - Salt Lake City
RN
UT UT 8919027-SA00
Northmarq - Salt Lake City
Listed by Northmarq - Salt Lake City

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$--
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Mark Jensen
License
UT 5505345-SA00
Name
Rawley Nielsen
License
UT 8919027-SA00
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591