1272 E Hudson Avenue & 2965 S Richmond Street | Salt Lake City, UT | 16 Apartments and 9 Townhome Units
Utah boasts one the strongest economies in the nation encouraged by business-friendly legislation and tax incentives. These incentives help businesses reduce their tax burden and increase their profitability, allowing them to reinvest in their operations, expand their workforce, and drive economic development.
Why Utah?
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Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage company business in Nevada.
© 2025 Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Berkadia® and Berkadia Commercial Mortgage® are trademarks of Berkadia Commercial Mortgage LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Commercial mortgage loan origination and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia Commercial Mortgage Inc. Tax credit syndication business is conducted exclusively by Berkadia Affordable Tax Credit Solutions. For state licensing details for the above entities, visit www.berkadia.com/licensing.
6955 S. Union Park Center
Suite 450
Midvale, UT 84047
Investment Sales
Salt Lake City OFFICE
CONTACT Us
DIANNE HODNETT
Associate
801.839.3168
dianne.hodnett@berkadia.com
UT GRE 11397334-SA00
GREG BARRATT
Senior Managing Director
801.532.4901
greg.barratt@berkadia.com
UT GRE 7001869-SA00
Mortgage Banking
Cameron Hart
Senior Director
512.226.8708
cameron.hart@berkadia.com
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UTAH RANKED #1 IN THE NATION FOR BEST BUSINESS CLIMATE Schweitzer Engieering Laboratories Sept. 2024
Investment Highlights
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An exceptional urban living experience with its prime location near Millcreek City Center and Sugar House, providing easy access to dining, shopping, and employment. With major highways, public transportation, and a Walk Score of 73, commuting to Downtown Salt Lake City is convenient. Residents enjoy nearby attractions like NBA games with the Utah Jazz, NHL action, and cultural experiences at the Eccles Theatre, enriching their lifestyle.
near Downtown Salt Lake City
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Winter
Olympics
2034
Best Economic Outlook
#1
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UTAH RANKED #1 BEST STATE FOR THE 2ND YEAR IN A ROW News & World Report — August 2024
UTAH RANKED #1 IN THE NATION - BEST ECONOMIC OUTLOOK for the 18th Straight year Rich States Poor States—April ‘25
UTAH #1 BEST EMPLOYMENT IN THE NATION News & World Report—August ‘24
UTAH RANKED #1 IN THE NATION –
SOCIAL MOBILITY Archbridge Institute—January ‘24
Utah Ranked #1 for LEAST EXPENSIVE STATE IN THE NATION TO START A BUSINES Simplify LLC—March ‘25
Address: 55 W. Center Street North Salt Lake, UT 84054
Total Units:183
Class: B (multifamily / garden-style)
Stories: Three-story (some buildings sit below ground level
Year of Construction / Renovation: 1978 / 2012
Buildings: 33 (plus a leasing office / clubhouse)
Building Materials: Frame, stucco and stone accents (clubhouse)
Roof: Pitched roofs with composition shingles
Acres / Density: 7.10 acres / 25.77 units per acre
Distance from Downtown: 6 miles NW of Downtown Salt Lake
Location: On W Center St between I-15 and S Main St
Pets: Yes
property Overview
unit amenities
Newly Renovated with New Appliances, Modern Designer Finishes, Premium Lighting Fixtures, and Wood-Style Flooring
Updated Kitchen with Electric Stove, Refrigerator, Dishwasher, Double Basin Sink, Dining Area, and Plenty of Cabinet and Counter Space
Plush Carpeting, Lighted Ceiling Fans, and Mini /Vertical Blinds
Full Size Bathroom with Tub and Shower Combination and Separate Large Vanity Area
Oversized Windows Providing Abundant Natural Light
Walk-In Closets and Semi-Private Entry
Large Patio / Balcony with Sliding Glass Doors
Select Units Have Washer and Dryer Available
Air Conditioning / Heating, High-Speed Internet Access, and Cable / Satellite TV Available
community amenities
Scenic Views of Wasatch Mountains
Swimming Pool with Sundeck and Indoor Spa
Clubhouse with Entertainment Space, TV / Media Lounge, Coffee Station, and Free Wi-Fi
Fitness Center with Cardio and Weightlifting Equipment and Free Weights
Picnic and Grilling Area
Laundry Facility
Indoor Package Lockers
On-Site Parking and Covered Carport Parking Available
Controlled Access
Lushly Landscaped with Manicured Grass, Mature Trees, Trimmed Shrubs, and Flowering Plants
Online Resident Portal / Smartphone App with Rent and Maintenance Request Acceptance
Within Walking Distance of Public Transportation (Ride UTA Bus Line)
Across the Street from Hatch Park with Sports Courts and Fields, Picnic Pavilion, Playground, and Walking Path
Close to Schools, Stores, Restaurants, and Entertainment Options
Convenient Access to Interstates 15 and 215, U.S. Highway 89, Ride UTA Green Line Light Rail Station, Salt Lake City International Airport, The University of Utah, Skii Resorts, Hiking Trails, Great Salt Lake, and Downtown Salt Lake City
Roberty Doxsee
Managing Director
425.777.0235
robert.doxsee@berkadia.com
Berkadia is pleased to offer Richmond Place Apartments and Townhomes located in a prime location of Millcreek, ideally situated near Sugar House and Downtown Salt Lake City. This excellent east side location offers proximity to shopping, dining, major employment hubs, and entertainment venues.
Investment Highlights
Townhomes feature four bedrooms and three baths (avg SF of 2,150) and roof top patios.
Built in 2019 and 2021, the units feature high-end finishes and modern hardware.
Great proximity to shopping including nearby Sugarhouse and Harmons, Utah’s top upscale local grocer (similar to Whole Foods).
100% occupied.
Apartments and townhomes can be sold separately or together.
Richmond Place Apartments and Townhomes
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Access to a robust job market with 704 establishments and 5,435 employees nearby. The area boasts a sophisticated workforce, with 74% in white-collar jobs and 54% holding a bachelor's degree or higher. This educated community, coupled with a projected 18.5% median household income growth by 2030, underscores the neighborhood's economic vitality and appeal to professionals seeking career advancement.
Affluent East Side Neighborhood
Built in 2021, Richmond Place Townhomes feature one- and two-bedroom units with high-end finishes. The property includes covered parking and offers sweeping views of the Wasatch Mountains. With close proximity to parks, golf courses, and entertainment options, residents can enjoy a balanced and fulfilling life in a dynamic community setting.
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