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Multifamily Apartment Building
For Sale
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57 West Vine Street, Tooele, UT 84074

Apartment building offered for sale with 48 units and a stated 6.26% cap rate.

Property SizeContact for details
Days on Market122

Property Features for 57 West Vine Street

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Cap Rate 6.26%
Multifamily Units 48
Listing Agency: Newmark Grubb Acres Utah County
Listed By: Derek Kofoed · License #UT: 9631455-SA00
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 22 at 4:52PM

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 Newmark Grubb Acres Utah County

Investment Insights

Based on property information with market context.

Offered for sale is a multifamily apartment building with 48 units. The offering includes a stated 6.26% cap rate.

The property is located at 57 West Vine Street in Tooele, Utah 84074.

With 48 residential units, this asset is positioned as a straightforward income-producing multifamily option for buyers evaluating the current cap rate and unit mix based on the information provided.

Key Highlights

  • Apartment building with 48 units
  • Stated 6.26% cap rate

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Big Box & Wholesale Store Storage Facility Electrical Service Bakery Pharmacy

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

48
Residential units

Location Intelligence

Trade Area within ½ mile

841
Businesses Nearby

Demographics for 84074, UT

55,001
Population
18,128
Households
3
Avg Household Size
31
Median Age
24%
College-Educated
93%
High-School Grad
174.3 sq mi
ZIP Area
316
Density / Sq Mi
$102,313
Median Household Income
$47,385
Median Earnings
$1,197
Median Rent
$383,300
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 - Apartment building offered for sale with 48 units and a stated 6.26% cap rate.
Where is this apartment building located?
The property is located at 57 West Vine Street Tooele, UT.
What are key features of this property?
This property features: Apartment building with 48 units; Stated 6.26% cap rate
More about this property
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