One of the best cities to own investment property is Utah. With a beautiful background in Salt Lake City and mountain range, Utah is high on the real estate market. With its population growing the fastest in the U.S. since 2010 Utah real estate market is booming. Since Utah is an interesting state when it comes to buying and owning investment property people and businesses have been flocking to the state. Major universities, healthcare companies and financial firms like Ally Bank can be found in Utah’s main cities, all of which help boost the economy, and increase the number of residents and appeal of the city to potential investment property owners.
Restore-Utah seeks the connection between enhancing communities by providing quality affordable housing for low and moderate income families and in return earn an acceptable return for its investors. Real Estate Restore-Utah for Single Family Investments Restore’s primary focus until now is acquiring existing single family homes in Salt Lake, Davis and Weber counties. Restore Utah since its establishment has acquired over 325 homes, investing over $55mm.
Recently Restore Utah introduced Multifamily Acquisitions In mid-2013, and is since focused on acquiring small to mid-size Class B and C multifamily assets throughout greater Salt Lake.
The benefits of investing in one of the major cities in Utah, Salt Lake City, are ample. The growing interest in smaller cities by real estate investors is influenced by their comparative affordability, together with a focus of young, skilled workers. The diverse, robust economies of Utah and related cities make them very desirable to investors.
Utah is a place of consistent growth with visible signs of growing a population of young folks, and they're finding jobs. Employers are encouraging and they need employees. Thus employees are looking for space to rent or buy for themselves thus again leading to growing and expanding the Utah economy. Salt Lake City real estate market is one that is likely to continue for the foreseeable future. Utah is successful in positioning itself as highly competitive, in terms of livability, employment offerings, and recreational and cultural amenities.
Restore Utah is an opportunistic real estate investment company and operator with a unique capability to match the needs of capital partners with attractive targeted opportunities. The firm was founded in 2012 by principals of McKinley Realty Partners and since that time has invested in $140 million of residential rental properties. Leveraging the insight of its partners gained over multiple real estate cycles, the firm is now utilizing the platform to grow into new areas. For more details please visit on : https://www.restore-utah.com/