Cottonwood Apartments/Salt Lake City, UT

Scroll Down

View Full Details

Multifamily

Salt Lake City, UT

264 Units

Built in 1984

Value Add

Prime Value-Add Opportunity: With minimal units renovated, there is significant potential to enhance value by modernizing the remaining units with updated cabinetry, flooring, appliances, and f
Long-Term Ownership Stability: The property has a proven track record of consistent management and operational performance.
Under-Market Rents: Current rents are well below market averages, offering a strong opportunity to boost revenue through renovations and rent repositioning.
Other Income Upside: A new RUBS program is projected to double utility income, while adding a media package and in-unit washer/dryers offers additional revenue potential.???????