44-Unit Apartment Tower with Vacant Fourth
3098 Highland Drive, Salt Lake City, UT 84106
For Sale
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A vacant upper floor adds flexibility to an operating residential property with shared community amenities.
Property SizeContact for details
Days on Market28
Property Features for 3098 Highland Drive
General Information
Standard status
Property subtype
Site & Location
Neighborhood
Highway Access
Road Access
Additional Details
Multifamily Units
Tenant in Place
Amenities
resort-style pool
library
tenant lounges
fitness center
private storage
bike storage
structured parking
on-site parking
street parking
Building Details
Year Built
Buildings
Listing Agency:
Legend Commercial
Listed By:
Skyler Peterson SIOR · License UT 6991009-SA00
(801) 656-7354
Source:
Crexi
Added: Oct 14
Changed: Nov 8
Last Checked: Nov 10 at 7:53AM
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 Legend Commercial
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Investment Insights
Based on property information with market context.
Built in 2019, the North Tower contains 44 apartments and includes a vacant fourth floor measuring 20,648 SF. The floor is available for potential apartment construction, owner-user occupancy, or office leasing. The tower is part of a 132-unit complex that also includes an 88-unit South Tower. Shared facilities include a pool, library, tenant lounges, fitness center, private and bike storage, and structured, on-site, and street parking.
The property is on Highland Drive in Salt Lake City, between Sugar House and Millcreek, with direct access to I-80. Residential units provide stabilized in-place income, while the fourth floor is immediately available.
The property is on Highland Drive in Salt Lake City, between Sugar House and Millcreek, with direct access to I-80. Residential units provide stabilized in-place income, while the fourth floor is immediately available.
Key Highlights
- 44‑unit apartment tower built in 2019
- Vacant fourth floor contains 20,648 SF
- Part of a 132‑unit complex with an 88‑unit South Tower
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
44
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,172
Businesses Nearby
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Business Placement
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
$529,100
Median Home Value
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Market
Average Price Trend$/SF for Apartment buildings in Salt Lake City, UT
Properties on Market for Apartment buildings in Salt Lake City
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - A vacant upper floor adds flexibility to an operating residential property with shared community amenities.
Where is this apartment building located?
The property is located at 3098 Highland Drive Salt Lake City, UT.
What are key features of this property?
This property features: 44‑unit apartment tower built in 2019; Vacant fourth floor contains 20,648 SF; Part of a 132‑unit complex with an 88‑unit South Tower
