Marcus & Millichap Real Estate Investment Services of Atlanta, INC
Overview
- > 4 Units
- 14
- 8
- 7072
- 1960
Description
Marcus & Millichap is pleased to present this exclusive listing of a core+ multifamily asset in Salt Lake City's Holliday, one of the region's most resilient rental submarkets. The investment thesis is straightforward: in-place cash flow paired with clearly defined upside through natural tenant turnover and ancillary income strategies. In-place rents reflect a tenured resident base, with an average tenancy of approximately two and a half years, signaling stability while presenting a mark-to-market opportunity as units turn. The asset benefits from strong demographic tailwinds driven by Utah's sustained population growth and a widening mortgage-to-rent affordability gap that continues to push would-be buyers into the rental market. Do not disturb tenants. Square footage figures are provided as a courtesy estimate only. Buyer is advised to obtain an independent measurement. Contact listing agent for financials or to schedule a tour.
Address
Open on Google Maps- Address 4345 S HIGHLAND DR,
- City Holladay,
- Zip/Postal Code 84124
- Area US,
Details
Updated on 2026/06/04 19:40:21 pm- Property ID: 2151411
- Price: $2400000
- Property Size: 7072 Sq Ft
- Year Built: 1960
- Property Type: > 4 Units
- Property Status: Active
- Style: Stories: 2
Additional details
- Brokerage Commission:
- Zoning: RM
- Total Bathrooms: 8
- Lot Size In Acres: 0.36
- Total Bedrooms: 14
- Equipment:
School Details
- Elementary School : Upland Terrace
- Elementary School District : Granite
- High School : Olympus
- High School District : Granite
- Middle School : Wasatch
- Middle School District: Granite
Mortgage Calculator
- Principal & Interest $4,849.00
- Property Tax $250.00
- Home Insurance $83.33
- PMI $1,000.00
