$2,400,000

Multi Family In Holladay

  • 14 Beds
  • 8 Baths
  • 7,072 Sqft
  • 15,682 Sqft lot
  • Updated: June 5
  • Source:
    UtahRealEstate (Wasatch Front)  MLS#2151411

About the Property

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 av
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.
  • Property type

    Other

  • Year built

    1960

  • Price/sqft

    $339

Features

  • Investment Property

Explore the Area

4345 S HIGHLAND DR, Holladay, Utah, United States View on Google Maps
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Marcus & Millichap Real Estate Investment Services, INC - Salt Lake City

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Marcus & Millichap Real Estate Investment Services, INC - Salt Lake City
Utah, United States
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3
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2025
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Marcus & Millichap Real Estate Investment Services, INC - Salt Lake City
Salt Lake City, Utah, United States
View agency profile
Last updated
June 5
First listed
Apr 17
Listing reference
2151411
Listing status
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