2930 S Adams St
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2930 S Adams St
6 Unit Apartment Building $1,450,000 ($241,667/Unit) 5.93% Cap Rate South Salt Lake, UT 84115
Executive Summary
Three Side by Side brick duplexes, totaling 6 units on .50 acres. All six units have been well cared for and feature a spacious 2 bedroom 1 bathroom layout with a large living room, washer/dryer hookups, covered carport, and storage shed. The units also have central AC/Heating. Property has always been easy to rent. Great location with close proximity to Westminster College, Nibley Golf Course, Downtown Sugarhouse, and U of U. Buyer is advised to obtained independent measurement. Owner Agent.
Property Facts
| Price | $1,450,000 | Building Class | C |
| Price Per Unit | $241,667 | Lot Size | 0.50 AC |
| Sale Type | Investment | Building Size | 4,569 SF |
| Cap Rate | 5.93% | Average Occupancy | 95% |
| No. Units | 6 | No. Stories | 1 |
| Property Type | Multifamily | Year Built/Renovated | 1967/2010 |
| Property Subtype | Apartment | Parking Ratio | 1.31/1,000 SF |
| Apartment Style | Low Rise |
| Price | $1,450,000 |
| Price Per Unit | $241,667 |
| Sale Type | Investment |
| Cap Rate | 5.93% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.50 AC |
| Building Size | 4,569 SF |
| Average Occupancy | 95% |
| No. Stories | 1 |
| Year Built/Renovated | 1967/2010 |
| Parking Ratio | 1.31/1,000 SF |
Unit Amenities
- Air Conditioning
- Disposal
- Washer/Dryer Hookup
- Kitchen
- Hardwood Floors
- Sprinkler System
- Range
- Carpet
- Lawn
Site Amenities
- 24 Hour Access
- Fenced Lot
- Tenant Controlled HVAC
- Public Transportation
- Fiber Optic Internet
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | $1,550 | 780 |
PROPERTY TAXES
| Parcel Number | 16-30-253-013-0000 | Improvements Assessment | $786,400 |
| Land Assessment | $483,900 | Total Assessment | $1,270,300 |
PROPERTY TAXES
Parcel Number
16-30-253-013-0000
Land Assessment
$483,900
Improvements Assessment
$786,400
Total Assessment
$1,270,300
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2930 S Adams St
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