Monarch Homes, developed by the acclaimed Lotus Company, has quickly established itself as one of Utah’s best possible townhome investments. These factors and more make Monarch Homes a “can’t miss” opportunity:
- Located in desirable Millcreek, UT, just minutes from Downtown Salt Lake City
- New 2020 Class-A Construction
- 100% Occupancy
- Full lease-up in just 2 months during the most uncertain period of the pandemic
- Salt Lake City is #2 best city to buy multifamily in 2021 (PwC/ULI Emerging Trends in Real Estate 2021)
Monarch is comprised of 18 large and luxurious townhomes and 1 purpose-built leasable Office/Retail space (1,046 SF). This centrally located project was completed in 2020 and consists of 3-story townhomes boasting modern open living areas, two-car garages, large driveways, private backyard space, and ample storage. With an average square footage of 1,460 SF, the 2-bedroom 2-bath unit layouts and size are made to accommodate a wide range of quality tenants in the booming core of one of the most prominent in-migration destinations in the nation.