Trust Owned Property summary
A five-unit apartment building in Salt Lake City’s Avenues neighborhood, consisting of five one-bedroom, one-bathroom residences. The property sits on a 0.16-acre lot and contains a total of 3,195 square feet. The building is in need of renovation, with unit interiors requiring updating. The oversized lot may offer potential for future uses or development, subject to buyer verification and applicable regulations. The property’s location is in proximity to Downtown Salt Lake City, the University of Utah, major hospitals, dining options, and outdoor recreation areas.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Salt Lake City is proposing to update the RMF-35 (Moderate Density Multi-Family) and RMF-45 (Moderate/High Density Multi-Family) zoning districts by combining them into a single district. This change aims to promote the…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
RMF-35 · Salt Lake City, UTSalt Lake City is proposing to update the RMF-35 (Moderate Density Multi-Family) and RMF-45 (Moderate/High Density Multi-Family) zoning districts by combining them into a single district. This change aims to promote the…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
Salt Lake City is proposing to update the RMF-35 (Moderate Density Multi-Family) and RMF-45 (Moderate/High Density Multi-Family) zoning districts by combining them into a single district. This change aims to promote the…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for RMF-35 in Salt Lake City, UT.
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