Property Description

Millcreek 14, constructed in 2018 consists of two beautifully constructed buildings, a six-unit building at 3350 S 900 E and an eight unit building located at 3579 S 900 E in East Millcreek. The buildings are attractive two-story, wood frame/stucco building with controlled access garage parking with the residential units located on the second level. The residential floorplans are spacious, with ten-foot ceilings with Class-A amenities and finishes which consist of the following: Upgraded GE Stainless kitchen appliances with gas ranges and side by side refrigerators, Full-sized washers/dryers in all units with individual utility rooms, Oversized windows in all living areas with upgraded coverings, Solid surface counters with high-quality kitchen cabinetry, Upgraded plumbing/lighting fixtures throughout, High-end bathroom cabinetry, Designer two-tone paint, Polished concrete floors in the living/dining areas & Central heating. Building common areas consist of Controlled-access parking garage with two spaces per each dwelling unit with guest overflow parking and Outdoor resident "sanctuaries" with gas barbeques and picnic tables. The Opportunity: The Millcreek Apartments offers investors a turn-key investment opportunity with optimal exposure located in the bustling East Millcreek transportation corridors on 900 E. Access to 'all things" Salt Lake County is mid-point between Downtown Salt Lake City, Cottonwood Heights and Murray which is coveted by the resident profile consistent of young, upwardly-mobile professionals. Development of these properties had undergone the exact scrutiny of East Millcreek Planning which required the highest construction materials and standards of the multi-housing development along the Wasatch Front. This provides investors long-term "bond" by owning quality workforce housing with low maintenance finishes and construction methods for long term. These investments present a perfect "turn key" 1031 opportunity for both local and out of state investors due to the superb construction quality, beautifully curated floorplans and ideal location with in the desirable East Millcreek vicinity.