Arrowroot Real Estate Buys 64-Unit Multifamily Property in Salt Lake City

by Amy Works

SALT LAKE CITY — Santa Monica, Calif.-based Arrowroot Real Estate has purchased Edgewood Park Apartments, a multifamily property located in the Cottonwood Heights submarket of Salt Lake City, for an undisclosed price.

Built in 1994, the value-add property features 64 apartments. The asset is the fourth investment made by Arrowroot Real Estate Fund I thus far in 2018.

James Wadsworth and Greg Barratt of Berkadia facilitated the transaction. The name of the seller was not released.

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