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One- And Two-Bed Apartment Building
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Pending

1272 Hudson Ave S, Salt Lake City, UT 84106

Richmond Place Apartments offer one- and two-bedroom units with open layouts and in-home stackable washer/dryer.

Property SizeContact for details
Days on Market473

Property Features for 1272 Hudson Ave S

General Information

Standard status Pending
Property subtype Multifamily
Occupancy 100%
Investment Type Core+

Building Details

Year Built 2021
Buildings 1
Stories 3
Units 16
Listing Agency: Berkadia
Listed By: Dianne Hodnett · License #11397334-SA00
Source: Crexi
Added: May 26, 2025 Changed: Aug 8 Last Checked: Sep 9 at 3:25PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkadia

Investment Insights

Based on property information with market context.

Richmond Place Apartments is a residential income property offering one- and two-bedroom apartments with open floor plans that include a living space, dining area, and gourmet-style kitchens. Unit interiors feature quartz countertops and white upper cabinetry with walnut-stained lower cabinets, along with bedrooms that include walk-in closets. Bathrooms are finished with high-end materials and custom tile, and each apartment includes a stackable washer and dryer.

Located at 1272 Hudson Ave S in the Sugar House area, the property is described as being about a 12-minute drive from downtown Salt Lake City. The community’s Walk Score is listed at 73, and it’s noted as being convenient to public transportation, including the UTA Bus Line and a nearby UTA Light Rail Station.

The apartment homes are configured for contemporary living with in-unit laundry and modern kitchen finishes, supporting long-term residential use within the established Sugar House market.

Key Highlights

  • Built in 2021, Richmond Place Apartments offer 1- and 2‑bedroom apartments.
  • Units include open floor plans with a living area, dining area, and gourmet kitchens.
  • Kitchen features include white upper cabinets, walnut‑stained lower cabinets, and quartz countertops.

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Auto Parts Store Dental Office Law Firm (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,326
Businesses Nearby

Demographics for 84106, UT

35,892
Population
16,782
Households
2.1
Avg Household Size
35
Median Age
57%
College-Educated
97%
High-School Grad
6.0 sq mi
ZIP Area
5,982
Density / Sq Mi
$94,452
Median Household Income
$56,358
Median Earnings
$1,576
Median Rent
$529,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Richmond Place Apartments offer one- and two-bedroom units with open layouts and in-home stackable washer/dryer.
Where is this apartment building located?
The property is located at 1272 Hudson Ave S Salt Lake City, UT.
What are key features of this property?
This property features: Built in 2021, Richmond Place Apartments offer 1- and 2‑bedroom apartments.; Units include open floor plans with a living area, dining area, and gourmet kitchens.; Kitchen features include white upper cabinets, walnut‑stained lower cabinets, and quartz countertops.
More about this property
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