245 S 800 E

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245 S 800 E

Salt Lake City, UT 84102
Asking Price
$2.00M
Cap Rate
5.3%
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

Multifamily | 5.30% CAP | 8 Units <ul><li>​Comprehensive 2021 Renovation: The property was extensively remodeled in 2021. Upgrades included new plumbing, electrical, HVAC systems, and high-end interior finishes.</li><li>​Prime 'Walkable' Location: Boasting a Walk Score of 85 and a Bike Score of 91, tenants are within walking distance of Trolley Square, the TRAX light rail system, and numerous local eateries.</li><li>​Proven Income & Market Stability: 2025 actual rents are performing at market levels, demonstrating the asset's de

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NOI
$80,000
Cap Rate
4.00%
DSCR
0.67
Underwater
Cash-on-Cash
-6.45%
Monthly Payment
$9,889.961
Annual Cash Flow
$-38,679.536

Location & Travel Times