4070 S 900 E, Salt Lake City, UT 84124
Alta Pines Apartments offers spacious one- and two-bedroom units with covered parking and partially renovated interiors.
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Investment Insights
Based on property information with market context.
The property is located at 4070 S 900 E in Salt Lake City’s Millcreek area. The listing notes quick access to major employment centers, with approximately 15 minutes to Downtown Salt Lake City and the Salt Lake International Airport. It is also described as about 20 minutes north of Silicon Slopes at the Point of the Mountain, and residents have direct access to UTA Bus 209 with service to Downtown Salt Lake City.
The property is described as a value-add opportunity, with current rents noted as 16% below the submarket average. The information also states the opportunity may be purchased with new debt.
Key Highlights
- 64‑unit apartment property built in 1973 in Salt Lake’s Millcreek neighborhood
- 64% of units renovated with fully equipped kitchens, stainless steel appliances, new paint and flooring, updated fixtures, and hard‑surface countertops
- 36% of units have yet to be extensively renovated (value‑add potential)
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Vacancy Rate% for Multifamily in West region