4109 HIGHLAND DR, Holladay, UT

4109 HIGHLAND DR, Holladay, UT, 84124

$5,200,000
36 Bedrooms
17,754 sq. ft. Square Feet
2000 Year Built

Description

Well located 20-unit apartment community along Highland Drive in Holladay, one of Salt Lake County's most established and desirable residential submarkets. The property has benefited from recent capital improvements, with 13 of the 20 units renovated, providing immediate upside and strong tenant appeal. Holladay is known for its high household incomes, strong rental demand, and limited multifamily supply.

The property offers excellent access to I-215, I-80, Downtown Salt Lake City, the University of Utah, Sugar House, and major employment centers, while being surrounded by mature neighborhoods, retail, dining, and everyday services. Renovated units feature updated interiors that attract long-term tenants, while the remaining units offer a clear path for continued renovations and future rent growth. The property's visibility along Highland Drive, combined with the strength of the Holladay market, supports durable cash flow and long-term appreciation.

A compelling opportunity for investors seeking a core-plus / value-add multifamily asset in a high-barrier, supply-constrained Salt Lake County location.

Property Details

Bedrooms 36
Square Footage 17,754 sq. ft.
Lot Size 46,174 sq ft
Year Built 2000
MLS # 2126802
Property Type Residential

Features & Amenities

  • Fixer Upper