Investment Realty Advisors LLC
For Sale
227 N SPENCER CT, Salt Lake City, UT, 84103
Overview
Property ID: 2149702
- > 4 Units
- 30
- 22
- 13866
- 1916
Description
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.
Address
Open on Google Maps- Address 227 N SPENCER CT,
- City Salt Lake City,
- Zip/Postal Code 84103
- Area US,
Details
Updated on 2026/04/10 18:46:43 pm- Property ID: 2149702
- Price: $3599999
- Property Size: 13866 Sq Ft
- Year Built: 1916
- Property Type: > 4 Units
- Property Status: Active
- Style:
Additional details
- Brokerage Commission:
- Zoning: SR-1A
- Total Bathrooms: 22
- Lot Size In Acres: 0.58
- Total Bedrooms: 30
- Equipment:
School Details
- Elementary School : Ensign
- Elementary School District : Salt Lake
- High School : West
- High School District : Salt Lake
- Middle School : Clayton
- Middle School District: Salt Lake
Features
Inclusions
Exterior Features Include
Other Features Include
Rooms Include
Square Feet
Mortgage Calculator
$6,182.33
Monthly
- Principal & Interest $4,849.00
- Property Tax $250.00
- Home Insurance $83.33
- PMI $1,000.00
