Property Details

159 E 800 S
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Multi-Unit in Salt Lake City
Salt Lake City, UT 84111    MLS# 1710743

0.31 acres

Offered at $3,250,000

Cascade Place was originally constructed as residential/office/commercial condominium community known as Commonwealth Place Condominiums in 2007. The property consists of three office/retail condominiums which are independently owned and The Cascade Apartments consists of 13 "live-work" residential dwellings all of which are being operated as rentals and is being marketed and sold as an apartment community. The Cascade Apartments controls 84% of the entire Commonwealth Place HOA which is transferred to the new owner upon the sale of the 13 apartments. The Cascade Apartments 84% controlling share of the HOA is based on the total square footage of the entire property. Constructed in 2007 renovated in 2019 - there is no deferred maintenance at this property. The Cascade is an attractive two-story, wood frame/stucco building with controlled-access garage parking and one space dedicated to each residential unit. The residential floorplans are spacious as all of the one bedroom configurations have an office/den which could be utilized as a second bedroom.

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Tisha Digman and Cam Schiedel
Phone: (435) 938-9329
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Listing Courtesy of Windermere Real Estate-Utah (Salt Lake Branch)

Property Details

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