Multifamily
Rosa Linda
316 S Cheyenne St, Salt Lake City, UT 84104
Listing Price: $4,700,000
Investment Overview
Marcus & Millichap is pleased to present Rosa Linda, a 20-unit apartment community located less than a mile from Salt Lake City’s transformative $3.5 billion Power District redevelopment. This asset features spacious 1,000-square-foot two-bedroom layouts and presents a compelling value-add opportunity, with partial interior and exterior renovations completed in 2021.
Rosa Linda benefits from prime access to I-80, I-15, and downtown Salt Lake City—enhancing tenant appeal and supporting long-term occupancy. Its combination of large units, proximity to a major redevelopment initiative, and upside through continued improvements makes Rosa Linda an attractive fit for investors seeking a strategically located, high-potential asset in a thriving urban corridor.
Rosa Linda
Investment Highlights
- Upside Opportunity with Large Units: Spacious 1,000 sq ft two-bedroom units offer a strong value-add opportunity with some updates already completed in 2021.
- Positioned Near Major Redevelopment: Located just blocks from the transformative $3.5B Power District redevelopment, the property is well-positioned for long-term appreciation.
- Prime Accessibility for Tenants: Excellent access to I-80, I-15, and downtown Salt Lake City enhances tenant appeal and supports strong occupancy.
Listing Price: $4,700,000
Investment Highlights
- Upside Opportunity with Large Units: Spacious 1,000 sq ft two-bedroom units offer a strong value-add opportunity with some updates already completed in 2021.
- Positioned Near Major Redevelopment: Located just blocks from the transformative $3.5B Power District redevelopment, the property is well-positioned for long-term appreciation.
- Prime Accessibility for Tenants: Excellent access to I-80, I-15, and downtown Salt Lake City enhances tenant appeal and supports strong occupancy.
Investment Overview
Marcus & Millichap is pleased to present Rosa Linda, a 20-unit apartment community located less than a mile from Salt Lake City’s transformative $3.5 billion Power District redevelopment. This asset features spacious 1,000-square-foot two-bedroom layouts and presents a compelling value-add opportunity, with partial interior and exterior renovations completed in 2021. Rosa Linda benefits from prime access to I-80, I-15, and downtown Salt Lake City—enhancing tenant appeal and supporting long-term occupancy. Its combination of large units, proximity to a major redevelopment initiative, and upside through continued improvements makes Rosa Linda an attractive fit for investors seeking a strategically located, high-potential asset in a thriving urban corridor.
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