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SALT CITY LAKE AND OGDEN, UTAH — Veritas Investments, alongside Refound Residential as capital partner, has purchased three mid-rise multifamily properties in Ogden and Salt Lake City. Terms of the transactions were not released. Northmarq’s Rawley Nielsen and Mark Jensen represented the sellers in all three transactions.
Totaling 257 units, the properties include:
- The View on 20th: a 148-unit property at 283 Park Blvd. in Ogden. The community features one-, two- and three-bedroom units with patios or balconies, black or stainless steel appliances, wood-like flooring, in-home washers/dryers, nine-foot ceilings, walk-in closets and additional storage. Community amenities include a year-round spa and lounge, pet-friendly bark park, warming outdoor fire pit, a clubhouse, complimentary coffee bar and bike storage and racks.
- TheRANDI: a 61-apartment asset at 218 S. 200 E. in Salt Lake City. The property features studio, one-, two- and three-bedroom floor plans with 10-foot ceilings and floor-to-ceiling views of the Wasatch Mountains. Apartments offer upgraded finishes, quartz countertops, stainless steel appliances, hardwood flooring, full-size washers/dryers, smart home technology and private balconies. Property amenities include an expanded roof deck with barbecue and seating, onsite maintenance and management, CityLift parking garage and EV charging stations.
- TheBEVELRY: a 48-unit community at 63 S. 600 W. In Salt Lake City. The community offers one-, two- and three-bedroom floor plans with stainless steel appliances, full-size washers/dryers, air conditioning, walk-in closets, hardwood flooring, quartz countertops, 10-foot ceilings, city views and private balconies or decks. Community offerings include EV charging stations, professional onsite management and maintenance, as well as restaurants, entertainment, shopping and a TRAX Station within walking distance.