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Seven Peaks Redevelopment

Seven Peaks Redevelopment
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Seven Peaks Redevelopment

Lehi, Utah County, Utah, 84043, United States

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Seven Peaks Redevelopment

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Year Built
1972
Area
212 units

Description

Opportunity Overview

  • Gomel Capital Partners (“Gomel” or the “Sponsor”) is under contract to purchase the Seven Peaks Redevelopment (the “Property”), comprised of 31,929 net rentable square feet of mixed-use, special-purpose space.
  • The Seller, a small amusement park operator, is going through financial difficulties, giving us the opportunity to purchase and convert the property to its highest and best use: Office Space with campus-like grounds.
  • The Property is located in the “Silicon Slopes” section of greater Salt Lake City, Utah.
  • ❑ Average office vacancy in Lehi, UT rests at just 1.3%.

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About Us

We invest in quality real estate opportunities. Our key values are solid underwriting, deep diligence, and targeted property selection. Since 2014, we have acquired over $100 million worth of mostly multifamily real estate.

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