The units were acquired as part of a two-property portfolio built in 1970. The property is located less than 10 miles south of Downtown Salt Lake City and has convenient access to the Van Wrinkle Expressway (SR-152), I-15, and I-80. The portfolio will provide investors with consistent cash returns from the onset, while also providing opportunity for enhanced returns through renovations and rent premiums.
The property is well maintained and offers 1-2 bedroom apartments spread across 31 buildings and 15.33 acres. In-unit features include central air-conditioning, ceiling fans, window coverings, stainless steel appliances, large closets, a dishwasher, refrigerator, and garbage disposal.