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Millcreek 12 Plex 3175 S 900 E

12 Unit Apartment Building For Sale Millcreek, UT 84106

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Investment Highlights

Large Townhome Layout: 5 Bed / 3 Bath units
Stable Tenant Demand: Current Occupancy 100%
Easy access to shopping, dining, recreation, and transportation hubs

26,760 SF of Gross Leasable Area
Conveniently located near major employment centers

Executive Summary

INVESTMENT OPPORTUNITY:
Located at 3175 South 900 East in Salt Lake City’s highly desirable Millcreek area, this 12-townhome complex presents a value-add opportunity for investors. Built in 1963 and renovated in 2022, the property features large townhomes with spacious layouts, offering excellent potential for rent growth in a thriving rental market. With its central location and strong tenant demand, this property is ideal for investors seeking stability and upside potential.

3175_3185S900E_Millcreek_KrisJeffTaylor_OM

Financial Summary (Actual - 2023) Click Here to Access	Annual	Annual Per SF
Gross Rental Income	$99,999	$9.99
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	$99,999	$9.99
Taxes	-	-
Operating Expenses	-	-
Total Expenses	$99,999	$9.99
Net Operating Income	$99,999	$9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual	$99,999
Annual Per SF	$9.99

Other Income
Annual	-
Annual Per SF	-

Vacancy Loss
Annual	-
Annual Per SF	-

Effective Gross Income
Annual	$99,999
Annual Per SF	$9.99

Taxes
Annual	-
Annual Per SF	-

Operating Expenses
Annual	-
Annual Per SF	-

Total Expenses
Annual	$99,999
Annual Per SF	$9.99

Net Operating Income
Annual	$99,999
Annual Per SF	$9.99

Property Facts

Sale Type	Investment	Lot Size	1.03 AC
Sale Conditions	1031 Exchange	Building Size	26,760 SF
No. Units	12	Average Occupancy	100%
Property Type	Multifamily	No. Stories	2
Property Subtype	Apartment Multifamily Dormitory	Year Built/Renovated	1963/2022
Apartment Style	Townhome	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Sale Type	Investment
Sale Conditions	1031 Exchange
No. Units	12
Property Type	Multifamily
Property Subtype	Apartment Multifamily Dormitory
Apartment Style	Townhome
Lot Size	1.03 AC
Building Size	26,760 SF
Average Occupancy	100%
No. Stories	2
Year Built/Renovated	1963/2022
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.