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653 E 300 S, Salt Lake City, UT 84102
$2,200,000
653 E 300 S, Salt Lake City, UT 84102
Units
14
Price/Unit
$157,143
Price/Sqft
$190
Est Gross Yield
9.6%
$210,912/yr est.
Property Details
Unit Mix
| Type | Count | Beds | Baths | Sqft | Rent/Mo |
|---|---|---|---|---|---|
| 2BR / 1BA | 4 | 2 | 1 | 800 | — |
| 1BR / 2BA | 10 | 1 | 2 | 600 | — |
| Total | 14 | 18 | 24 | 9,200 | — |
Unit mix data is reported by the seller or listing agent through the MLS and may be inaccurate or incomplete. Buyers should independently verify all information and conduct their own due diligence before making any investment decisions.
Description
Welcome to The George, a historic gem located in the heart of downtown Salt Lake City! Originally opened in 1911 as the city's first hotel, this building has been beautifully converted into a modern apartment complex. It now features 14 stylish units, including four spacious 2-bedroom apartments and ten cozy 1-bedroom units. This prime location offers easy access to downtown dining, entertainment, the Trax station, and numerous shopping options, making it a fantastic investment opportunity.
Listed by Michael Lund · Realtypath LLC (Preferred)
Location
653 E 300 S, Salt Lake City, UT 84102
Proforma
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Cap Rate
6.38%
Cash-on-Cash
4.53%
Cash Flow
$3,114/mo
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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.
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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 6/10/2026, 8:37:29 PM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing data provided by UtahRealEstate.com.