MASTER

MASTER

These leads followed me home like little puppies..... 🐕😉 #1: Unique 5 Unit Below-Market Rental Portfolio with Value-Add Upside in Prime Downtown Salt Lake City Location. 5 Units Listed @ $1,290,000, $258,000/unit. 1 Duplex + 3 Homes on 2 Lots – Possibility of Sub-Dividing & Selling as 4 Separate Properties or adding 1 ADU. Currently 100% Occupancy, generating $4,650 in monthly revenue. All units are leased month-to-month with rents significantly below market rates, presenting substantial upside potential through a phased value-add strategy and rent optimization, with minimal vacancy risk. https://www.crexi.com/properties/2291628/utah-value-add-residential-assets-prime-salt-lake-location #2: The Park Spring Apartments, 23 Units Listed @ $5,750,000, $250,00/Unit. Strategically located in the highly desirable Marmalade / Capitol Hill area of Salt Lake City, this Turn-Key asset has been extremely well-maintained and managed, with all major and necessary capital expenditures having been attended to! Still, there is a Value-Add Opportunity to raise the rent $200/unit by implementing light interior renovations. Value can also be added by increasing Other Income with the addition of media package, a parking fee, and realizing annual Water/Sewer/Trash fees. 778 N 300 W, Salt Lake City, UT 84103 (152 days on market) https://www.crexi.com/properties/2187385/utah-the-park-spring *** Opportunity to Purchase More Units Nearby: There are more units that can be purchased in addition to this property if an investor needs to acquire more doors….. #3: 550 Mansfield Ave, S Salt Lake City, UT 84106 8-Plex Listed @ $1,700,000 Value-Add Opportunity w/rents currently @ 25-35% below market, @ 100% occupancy. 8 Units, all 2-BR @ $212,500/unit, $295/sq ft, 16 parking spaces, built 1972, great location! https://www.crexi.com/properties/2326715/utah-mansfield-ave

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