The Marq

Class A Downtown Salt Lake City Luxury Townhomes

Brand new construction with Smart Home Technology and private balconies.

Industrial Chic

Urban living with an edge

The Marq offers an exclusive amenity collection, specifically curated for artisans and makers with innovative amenities, rooftop decks, and stylish finishes.

Live in heart of Downtown Salt Lake City

A remarkable space to work and visit

The Marq is located just south of Downtown Salt Lake City at 900 South and I-15. Surrounded by a huge variety of restaurants and shops, tenants can walk or take TRAX only 1 block away.

Overview

As Salt Lake City’s only fully amenitized townhome rental property, the 64 units at The Marq are positioned within the Downtown Salt Lake City Market to fully benefit from custom fit demographic and economic trends. By offering large multi-level modern living space, private garages, full amentities, and a prime walkable downtown location, The Marq truly offers renters a place to live where they do not have to compromise.

All multifamily has continued to perform well in the Salt Lake City market. However, townhomes in particular continue to outperform traditional multifamily rental and vacancy rates across the board, and The Marq stands alone as one the best available investment opportunities both now and for many years to come.

Photos

Investment Highlights

Brand New Construction:
Innovative, Award-winning Design
In-Unit & Common Area
Smart Home Technology
2.9% State Unemployment: #1 Lowest Unemployment Rate in Nation
Attached Garages
Salt Lake CIty's only fully amenitized Townhome Rental Property
7th Highest Median Household Income $84,523 (UT) vs $68,703 (US)
High Demand: < 3% Vacancy for Townhomes Rentals within Market
Ideal Townhome Rental Fundamentals: Utah has youngest median age &
largest average household size
2nd Highest Annual Employment Growth in Nation

Property Summary

Address

1030 S 400 W

Salt Lake City. UT 84101

Pricing

See full offering memorandum

Year Built

2020 (Completed December 2020)

Property Type

Townhomes

Unit Count

64 Units

Unit Mix

Picasso (1x1.5):​ 32 Units

Van Gogh (2x2.5):​ 22 Units

Rembrandt (3x2.5):​ 10 units

Contact

Mark Jensen

Executive Vice President - Investment Sales

(801) 441-1200

mark.jensen@colliers.com

Rawley Nielsen

President - Investment Sales

(801) 441-5922

rawley.n@colliers.com

Darren Nielsen

Senior Vice President - Investment Sales

(801) 448-2662

darren.n@colliers.com

© 2021 Colliers

© 2021 Colliers International. Information herein has been obtained from sources deemed reliable, however its accuracy cannot be guaranteed. The user is required to conduct their own due diligence and verification.

Nielsen Jensen Investment Team