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Built-for-Rent Townhome Community
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1654 East Fort Union Blvd, Cottonwood Heights, UT 84121

Recently completed 2022 townhome community with 23 fully leased units in Cottonwood Heights.

Property SizeContact for details
Days on Market146

Property Features for 1654 East Fort Union Blvd

General Information

Standard status Pending
Property subtype Multifamily
Occupancy 100%

Additional Details

Multifamily Units 23

Building Details

Year Built 2022
Tenancy Multi
Listing Agency: Berkadia
Listed By: Greg Barratt · License #7001869-SA00
Source: Crexi
Added: Apr 11 Changed: Aug 21 Last Checked: Sep 2 at 11:39PM

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.

23 Views is a built-for-rent townhome community recently completed in 2022, offering 23 units that are fully leased and occupied. The property presents a residential income asset with all units under current tenancy.

Located at 1654 East Fort Union Blvd in Cottonwood Heights, Utah, 23 Views provides walkable access to shopping and dining options, with multiple major retailers and brands listed within one-half mile of the property, including Whole Foods, Target, Home Depot, Trader Joe’s, DSW Shoes, Walmart, Dick’s Sporting Goods, Petco, TJ Maxx, and Cost Plus. Outdoor activities and world-class skiing in Utah’s Cottonwood Canyons are described as nearby.

The offering notes median household income in the area is forecasted to grow over the next five years and highlights that a majority of workers in a one-mile radius are employed in white-collar positions. It also references over 750,000 jobs within a 15-mile radius and states the opportunity provides immediate cash flow with potential for long-term appreciation.

Key Highlights

  • Recently completed in 2022 luxury townhome community in Cottonwood Heights, UT
  • Built‑for‑Rent property with 23 townhome units that are fully leased and occupied
  • Infill development location in the heart of Cottonwood Heights

Property Analytics

Current Use

23 Views Apartment Complex

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Home Appliance Store Catering Service Storage Facility Auto Parts Store

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

Lease Details

23
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,495
Businesses Nearby

Demographics for 84121, UT

41,628
Population
16,669
Households
2.5
Avg Household Size
40
Median Age
52%
College-Educated
97%
High-School Grad
64.5 sq mi
ZIP Area
645
Density / Sq Mi
$114,912
Median Household Income
$56,990
Median Earnings
$1,732
Median Rent
$614,500
Median Home Value

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 - Recently completed 2022 townhome community with 23 fully leased units in Cottonwood Heights.
Where is this apartment building located?
The property is located at 1654 East Fort Union Blvd Cottonwood Heights, UT.
What are key features of this property?
This property features: Recently completed in 2022 luxury townhome community in Cottonwood Heights, UT; Built‑for‑Rent property with 23 townhome units that are fully leased and occupied; Infill development location in the heart of Cottonwood Heights
More about this property
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