The Ramp

968 South Washington Street Salt Lake City, UT 84101 58 Units
The Ramp

Investment Highlights

  • Brand New 2022 Construction
  • 14.3% Year-Over-Year Rent Growth
  • 5 Minutes from Downtown Salt Lake City and Major Employers
  • Great Freeway Access and Walking Distance to Public Transportation (TRAX)
  • Near Universities, Shopping, Dining, and Smith’s Ballpark
  • Ballpark Neighborhood Popular with Young, Urban Professionals

Property Description

THE MOGHAREBI GROUP is pleased to present the opportunity to acquire The Ramp, a newly constructed 58 residential units plus a 1,000 SF retail space community located in the heart of Salt Lake City, Utah. Constructed in 2022 and currently in pre-lease-up, this property is comprised of a five-story building that houses a ground-floor commercial space as well as a wide array of studio, one-, and two-bedroom floorplans ranging from 220 to 910 square feet. The community also offers common area amenities, including a rooftop picnic area with a barbeque grill, laundry facility, controlled access entry, and is elevator-served.

968 South Washington Street
Salt Lake City, UT 84101
The Ramp is well located in the heart of Salt Lake City and residents enjoy close proximity to the major employment centers, retail, entertainment, and dining found in Downtown less than one mile to the north. The property is also convenient to neighborhood retail including Target, Walmart, Costco, and Sam’s Club as well as numerous restaurants, parks, and service-based businesses in the immediate area. With easy access to area freeways including the I-15, I-80, and Highway 201, residents are also well-connected to the entire Salt Lake City region.

Listing Advisors

Adam Gatto

Senior Vice President

(385) 282-5205

UT Lic. #5480005-PB00

Otto Ozen

Executive Vice President

(909) 235-7886

CA Lic. #01030086

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