Description
Constructed in 2019 consists of a beautifully constructed building with eight units. The building is a attractive two-story, wood frame/stucco building with controlled access garage parking with the residential units located on the second level. The residential floorplans are spacious, with ten-foot ceilings with Class-A amenities and finishes which consist of the following: Upgraded GE Stainless kitchen appliances with gas ranges and side by side refrigerators, Full-sized washers/dryers in all units with individual utility rooms, Oversized windows in all living areas with upgraded coverings, Solid surface counters with high-quality kitchen cabinetry, Upgraded plumbing/lighting fixtures throughout, High-end bathroom cabinetry, Designer two-tone paint, Polished concrete floors in the living/dining areas & Central heating. Building common areas consist of Controlled-access parking garage with two spaces per each dwelling unit with guest overflow parking and Outdoor resident "sanctuaries" with gas barbeques and picnic tables. The Opportunity: The Millcreek Apartments offers investors a turn-key investment opportunity with optimal exposure located in the bustling East Millcreek transportation corridors on 900 E. Access to 'all things" Salt Lake County is mid-point between Downtown Salt Lake City, Cottonwood Heights and Murray which is coveted by the resident profile consistent of young, upwardly-mobile professionals. Development of this property had undergone the exact scrutiny of East Millcreek Planning which required the highest construction materials and standards of the multi-housing development along the Wasatch Front. This provides investors long-term "bond" by owning quality workforce housing with low maintenance finishes and construction methods for long term. These investments present a perfect "turn key" 1031 opportunity for both local and out of state investors due to the superb construction quality, beautifully curated floorplans and ideal location with in the desirable East Millcreek vicinity.
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15BEDS
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0.39ACRES
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0BATHS
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01/2 BATHS
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7,980SQFT
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$301$/SQFT
School Information
Description
Constructed in 2019 consists of a beautifully constructed building with eight units. The building is a attractive two-story, wood frame/stucco building with controlled access garage parking with the residential units located on the second level. The residential floorplans are spacious, with ten-foot ceilings with Class-A amenities and finishes which consist of the following: Upgraded GE Stainless kitchen appliances with gas ranges and side by side refrigerators, Full-sized washers/dryers in all units with individual utility rooms, Oversized windows in all living areas with upgraded coverings, Solid surface counters with high-quality kitchen cabinetry, Upgraded plumbing/lighting fixtures throughout, High-end bathroom cabinetry, Designer two-tone paint, Polished concrete floors in the living/dining areas & Central heating. Building common areas consist of Controlled-access parking garage with two spaces per each dwelling unit with guest overflow parking and Outdoor resident "sanctuaries" with gas barbeques and picnic tables. The Opportunity: The Millcreek Apartments offers investors a turn-key investment opportunity with optimal exposure located in the bustling East Millcreek transportation corridors on 900 E. Access to 'all things" Salt Lake County is mid-point between Downtown Salt Lake City, Cottonwood Heights and Murray which is coveted by the resident profile consistent of young, upwardly-mobile professionals. Development of this property had undergone the exact scrutiny of East Millcreek Planning which required the highest construction materials and standards of the multi-housing development along the Wasatch Front. This provides investors long-term "bond" by owning quality workforce housing with low maintenance finishes and construction methods for long term. These investments present a perfect "turn key" 1031 opportunity for both local and out of state investors due to the superb construction quality, beautifully curated floorplans and ideal location with in the desirable East Millcreek vicinity.
Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2021-03-04T06:37:34.21. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.