Salt Lake Herald-Republican | 1915-07-25 | Page 17 | Purchases Homesite in Federal Heights

PURCHASES HOMESITE IN FEDERAL HEIGHTS J. J L. L Franken Plans to Build Beautiful Residence There Therein in Near Future I One Ono of ot the most Important real es estate estate estate es- es tate deals of tho the present month was an announced yesterday b by the Telluride Realty company owners of or the property property prop prop- ert erty In Federal Heights stating that J. J L. L Franken a prominent Salt Lako Lake business man has purchased a n. beautiful beautiful ful tul site on Walcott avenue in Federal Heights and will start construction Inthe in inthe inthe the immediate future futuro of ot a large and beautiful home Mr Frankens Franken's lots face taco west and are aro near South Temple street on Walcott avenue adjoining tho the home of ot Harold Smoot A beautiful view of oC the city valley and lake is obtained and it Is understood understood understood under- under stood Mr lr Frankens Franken's residence will be one of ot tho the finest and most elaborate In tho the Federal Heights district of beautiful homes I The Telluride Realty company compan re reports reports ro re- ports a number of ot negotiations that will be closed within a few tew days Corthe for Cor forthe forthe the purchase of oC homesites in Federal Heights l b by prominent Salt Lakers who are taking advantage ad of the unusual unusual unusual un un- un- un usual reduction of oC GO 60 per cent made in all 1111 list prices of oC Federal Heights lots published on the tho map of or Federal Heights Issued and In circulation on onla May la 1 1 This 50 60 per cent reduction is contingent on the purchasers of property property prop prop- erty starting new now homes within fifty days das after aCter tho the purchase of or tho the prop prop- or erty crO t y The Tho Telluride Realty company compan proposes proposes proposes pro pro- poses to soil sell off oft the property in 1 Federal Federal Fed Fed- eral Heights Hei it owns before September Septem Septem- ber 1 1 and ana the unusual reductions that are being made mado together ether with the fact tact that over worth of ot now new homes have been erected b by private owners in Federal Heights already this season are strong factors in tho the sellIng sellIng selling sell- sell Ing campaign