Apartment complex Nexus on 9th in Salt Lake City has traded hands for the highest price-per-unit for any apartment complex sale in Utah. The exact sale price for the 28-unit property was not disclosed.

Located at 932 S 900 E in Salt Lake City, Nexus on 9th features studio, one- and two-bedroom floor plans with wood flooring, large walk-in closets and open-concept living areas. Residents have access to a fitness center, garage parking and bike storage.

Managing director Greg Barratt of Berkadia's Salt Lake City office brokered the deal.

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

Salt Lake City
Multifamily
Capital Markets
West