Quincy Townhomes Millcreek, UT

Investment Highlights

• Prime Millcreek Location Near Retail, Dining & Recreation
• Newly Constructed Units with Premium Finishes & Attached Garages
• Value-Add Potential Through Rent Growth at Renewal
• Flexible Investment Strategy with Multiple Exit Options

Prime Millcreek Location Near Retail, Dining & Recreation

The Quincy Townhomes offer a prime location in the heart of Millcreek. Residents enjoy walkable access to Smith’s, Walmart, 7 Brew, Java Joe’s, and The Ivy Place Shopping Village. Just an 8-minute drive takes you to Millcreek Commons—with its climbing wall, splash pad, and roller rink—or the charming shops and dining of Downtown Holladay. With easy access across Salt Lake County, top-rated schools, large parks, and community centers nearby, this location blends convenience with lifestyle. Plus, residents are only 20 minutes from Big Cottonwood Canyon for year-round mountain adventures.

Newly Constructed Units with Premium Finishes & Attached Garages

The townhomes feature modern three-story floor plans with high-end finishes, premium appliances, in-unit washers and dryers, and attached two-car garages. Each residence offers contemporary design and spacious layouts that cater to today’s renters seeking comfort and quality.

Value-Add Potential Through Rent Growth at Renewal

Current rents are intentionally positioned below market levels to accelerate lease-up. This leasing strategy provides a clear opportunity for substantial rent increases upon second-year renewals, allowing investors to capture strong income growth potential as the property stabilizes.

Flexible Investment Strategy with Multiple Exit Options

Investors can pursue several strategies: continue operating the property as a stabilized rental asset to capitalize on increased NOI or take advantage of market conditions and sell the townhomes individually, potentially benefiting from a favorable interest rate environment.