96-Unit Apartment
For Sale
Contact for pricing
Pending
1520 W 300 S, Salt Lake City, UT 84104
Two-property multifamily offering with 9% low-income housing tax credits in Salt Lake City.
Property SizeContact for details
Days on Market146
Property Features for 1520 W 300 S
General Information
Standard status
Pending
Property subtype
Multifamily
Additional Details
Multifamily Units
96
Listing Agency:
Cushman & Wakefield - Salt Lake City, Utah
Listed By:
Michael King · License #UT 12291936-SA00
(801) 303-5421
Source:
Crexi
Added: Apr 11
Changed: Sep 2
Last Checked: Sep 3 at 1:21AM
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 Cushman & Wakefield - Salt Lake City, Utah
Investment Insights
Based on property information with market context.
Westgate I & II comprise a 96-unit apartment portfolio located at 1520 W 300 S in Salt Lake City, Utah. The offering includes two properties operating under 9% low-income housing tax credits, with a range of Average Median Income levels across the units.
The property information identifies 2022 HUD rent requirements as a framework for potential rent adjustments. Another stated strategy involves seeking a new tax-credit allocation alongside a rehabilitation program. These options provide distinct operating and redevelopment considerations for an apartment owner evaluating the portfolio.
The property information identifies 2022 HUD rent requirements as a framework for potential rent adjustments. Another stated strategy involves seeking a new tax-credit allocation alongside a rehabilitation program. These options provide distinct operating and redevelopment considerations for an apartment owner evaluating the portfolio.
Key Highlights
- 96 apartment units across two properties
- 9% low‑income housing tax credit portfolio
- Range of Average Median Income levels
Property Analytics
Property Profile
Current Use
Lease Details
96
Residential units
Location Intelligence
Trade Area within ½ mile
1,312
Businesses Nearby
Explore this area
Business Placement
Demographics for 84104, UT
23,487
Population
8,452
Households
2.8
Avg Household Size
31
Median Age
22%
College-Educated
78%
High-School Grad
21.6 sq mi
ZIP Area
1,087
Density / Sq Mi
$61,326
Median Household Income
$35,013
Median Earnings
$1,235
Median Rent
$318,100
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Two-property multifamily offering with 9% low-income housing tax credits in Salt Lake City.
Where is this apartment building located?
The property is located at 1520 W 300 S Salt Lake City, UT.
What are key features of this property?
This property features: 96 apartment units across two properties; 9% low‑income housing tax credit portfolio; Range of Average Median Income levels
