Listing Provided By Lester Essig (801-677-0050) with Mountain Land Realty North Salt Lake Inc..
The 4350 S 900 E ( Parcel 22-05-176-004) project is situated in the heart of Millcreek next door to the Smiths grocery store and two blocks from Cottonwood Regional Park. A property adjacent to this site, which was designed for 28 units, was recently sold by Defy Co.Labs to another developer as the first phase. The site plan includes 32, 3-Bed townhomes with an average of 1,450 SF and an additional 1,500 SF of commercial frontage space. Total costs for the project (including land, hard costs, and soft costs) are estimated to be between $13.0M and $15.0M, with an investor IRR of over 25%
- Price:
- $3,300,000
- Acreage:
- 1.44
- Listing ID #:
- 1847586
- Street Address:
- 4360 S 900 E
- City:
- Salt Lake City
- State:
- Utah
- Postal Code:
- 84124
- County:
- Salt Lake
- Community:
- Holladay- Millcreek
- Subdivision:
- Ten Ac Plat A
- Listing Status:
- Active
- Listing Type:
- Land
- Building Condition:
- Blt./Standing
- Conforms To Zoning:
- See Remarks, Multi-Family
- Existing Land Use:
- Multi-Family
- Lot Square Footage:
- 62726.4
- Zoning Description:
- R-M
- Days On Market:
- 160
- On Market Date:
- 2022-10-19
- Originating Mls:
- Utahrealestate.Com
- Property Taxes:
- $1,422
- Listing Provided By Lester Essig (801-677-0050) with Mountain Land Realty North Salt Lake Inc..
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