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Park Avenue Apartments apartments in Salt Lake City, UT

Updated

Park Avenue Apartments

1240 E Stringham Ave, Salt Lake City, UT 84106, USA

Live pricing, refreshed

8
Units Listed
$1,266
Starting at
$1,495
Average
$1,683
Highest

How does this compare? View Sugar House rent trends

Beds

Pricing by Bedroom

Studio
$1,395
from $1,266 · 5 units
1 Bed
$1,661
from $1,630 · 3 units

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Units with Price Changes (108)

Largest 8 movers of 108

Last 15 days

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

  • Building size: modeled from how many distinct units we have observed over time
  • Occupancy: building size minus currently listed units
  • Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: moderate (building size is modeled).

Est. Monthly Revenue

$177K

$2.1M annual run rate

Modeled estimate

Est. Occupancy

47%

of about 226 units (modeled from leasing activity)

Effective Rent on New Leases

$1,666

vs $2,219 current asking ($553 negotiation gap)

Recent Lease Activity

226 units tracked; 106 assumed leased, 120 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

  • +30 pts: 15+ units currently listed
  • +25 pts: Active move-in specials
  • +20 pts: Deep discounts (>$150/mo off)
  • +15 pts: 5+ distinct floor plans
  • +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

8

Moderate availability

8 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Limited leverage

High demand property with less room to negotiate on price.

Available Units

8 units
Studio S1
$1,266/mo
· #113
Studio S3
$1,374/mo
· #115
Studio S2
$1,381/mo
· #114
Studio S4
$1,440/mo
· #116
Studio S5
$1,513/mo
· #117
1 Bed A2
$1,630/mo
· #119
1 Bed A3
$1,670/mo
· #120
1 Bed A1
$1,683/mo
· #118

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Salt Lake City, UT notes

No resident notes for this property yet.

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