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828 South 500 East
Salt Lake City, UT 84102
Asking Price
$1.90M
Cap Rate
5.04%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Value-Add Multifamily close to Liberty Park and 9th Central <ul><li>Updated unit interiors with dishwashers</li><li>On-site laundry facilities</li><li>Nine (9) off-street parking stalls</li><li>Strong rental demand in the Liberty Park submarket</li><li>Value-add opportunity through operational improvements and rental growth</li><li>Excellent investment acquisition opportunity</li></ul>
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NOI
$80,000
Cap Rate
4.21%
DSCR
0.71
Underwater
Cash-on-Cash
-5.75%
Monthly Payment
$9,400.163
Annual Cash Flow
$-32,801.96
