




227 N Spencer Ct #Qgspqgmhp, Salt Lake City, UT, 84103
30beds
22baths
13,866sqft
$3,599,999
$260price/sqft
$21,371/moest. monthly cost
$854,840/yrincome needed
About This Home
Spencer Court Apartments is a unique 22-unit multifamily community comprised of six smaller multi-family buildings nestled in one of Salt Lake City's most sought-after neighborhoods. The property boasts a proven operational history with strong rental performance and healthy NOI, currently offered at an attractive 6.3% in-place cap rate with compelling price-per-unit metrics. There is significant opportunity to improve asset quality, push rents, and drive meaningful appreciation. Do not disturb tenants. Buyer to obtain independent measurements and verify all information independently.
Getting Around
74
62
71
Schools
8/10
5/10
6/10
Construction
Condition
- Property condition: Blt./Standing
- Year built: 1916
Materials
- Roof: Asphalt,Membrane
- Construction materials: Brick,Stucco
Notable Dates
- Major remodel year: 2010
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Bedrooms & Bathrooms
- Bedrooms: 30
- Bathrooms: 22
Features
- Window features: Blinds
- Flooring: Hardwood,Tile,Concrete
Interior Area
- Total structure area: 13,866
- Total interior livable area: 13,866 sqft
Property
Details
- Parcel number: 0931333007
- Zoning: SR-1A
- Zoning description: Multi-Family
Features
- Has view: Yes
- View description: Mountain(s)
- Residential vegetation: Mature Trees
Lot
- Lot size: 0.58 Acres
- Lot size dimensions: 0.0 x 0.0 x 0.0
Parking
- Total spaces: 1
- Parking features: Open
- Covered spaces: 1
- Has uncovered spaces: Yes
- Carport: Yes
- Carport spaces: 1
