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Key Details
Sold Price $4,695,000
Property Type Multi-Family
Sub Type > 4 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 15,516 sqft
Price per Sqft $302
Subdivision Liberty Court
MLS Listing ID 1808085
Sold Date 06/21/22
Style Side By Side
Bedrooms 18
Construction Status Blt./Standing
HOA Y/N No
Year Built 2008
Annual Tax Amount $20,975
Lot Size 0.500 Acres
Acres 0.5
Lot Dimensions 0.0x0.0x0.0
Property Description
LOOKING FOR BACKUP OFFERS! Do not enter Property or disturb tenants. Liberty Court Apartments located at 750 S 500 E in SLC. Complex was built in 2008 as 9 luxury townhome condos but was rented out in its entirety. Price is $4,695,000 which is a 4 cap on actuals. An additional $32,000/yearly available when you get to what I believe is market rent AND the owner is not billing back for Water, Sewer, Trash and other common area charges which would create an additional income stream. All units have 2 car garages and 220 EV chargers! Buyer to verify all. Financials available upon request. Serious inquiries only.
Location
State UT
County Salt Lake
Area Salt Lake City; So. Salt Lake
Zoning Single-Family
Interior
Interior Features Alarm: Fire, Bath: Master, Closet: Walk-In, Den/Office, Disposal, Kitchen: Updated, Range/Oven: Free Stdng., Dishwasher: Built-In
Flooring Carpet, Hardwood, Tile
Equipment Window Coverings
Fireplace false
Window Features Blinds
Laundry Electric Dryer Hookup
Exterior
Exterior Feature Balcony, Basement Entrance, Double Pane Windows, Lighting, Porch: Open, Walkout
Garage Spaces 18.0
Utilities Available Natural Gas Connected, Electricity Connected, Sewer Connected, Sewer: Public, Water Connected
Waterfront No
View Y/N Yes
View Mountain(s), Valley
Roof Type Asphalt
Present Use Residential
Topography Curb & Gutter, Fenced: Full, Secluded Yard, Sprinkler: Auto-Full, Terrain, Flat, View: Mountain, View: Valley
Porch Porch: Open
Parking Type Rv Parking
Total Parking Spaces 18
Private Pool false
Building
Lot Description Curb & Gutter, Fenced: Full, Secluded, Sprinkler: Auto-Full, View: Mountain, View: Valley
Sewer Sewer: Connected, Sewer: Public
Water Culinary
Structure Type Brick,Stone,Stucco
New Construction No
Construction Status Blt./Standing
Schools
Elementary Schools Lincoln
Middle Schools Clayton
High Schools Highland
School District Salt Lake
Others
Senior Community No
Tax ID 16-07-215-001
Acceptable Financing Cash, Conventional
Horse Property No
Listing Terms Cash, Conventional
Financing Conventional
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Bought with Longhurst Realty Group
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