The 2550 South Main Apartments is a 112 unit gated three story contemporary garden style apartment community in the established City of South Salt Lake consisting of large one and two bedroom luxury residential units.
The community has the latest in home features such as attached garages, digital television, high-speed internet and telecom, washer dryers in unit, largest in market walk in closets, large private patios and decks, and large modern kitchens. The exterior amenities consist of a 2,000 square foot clubhouse, 24 hour fitness center, pool, barbecue area, kids play area, sport court, garden, dog run, carports and gated entries.
APPROACH
SEEC Enterprises, LLC acquired the 4.01 acre site comprised of 19 single family lots in South Salt Lake City from a local family. The property was in a location that is just outside of a Class A Apartment area, thus providing the opportunity to give residents larger units for less monthly rent near a desirable area.
SEEC developed the property with the idea of creating a safer, gated and well lit community in South Salt Lake City. With the implementation of professional management practices, cost effective and efficient control systems, SEEC provided residents and investors with a compelling safe value proposition relative to the competition.