Show I I IReal Real Est Estate Values Increase j- j 1 e cl 4 4 2 s r e 4 Liberty rt P Park k Section Section Is Is N Now 0 clan 2 eta 3 r l j l 1 l. c-l. 2 j. j co c e N Nearly early Doubled in Population THE real estate situation in Stilt SnIt Lake Luke City is today tolay very cry promising In fact not for many years has lias the possibility of making money out of real rell estate been so apparent as fiS at this time lime It is true truo the high cost of buil building has retarded ed somewhat hat the cit city's s 's growth but the public is gradually gradually all ally y o to the fact that building materials will vill not decrease for a along ao long while to come but on the theother other hand d are are likely to advance Conditions in m Salt Lake today todar warrant the building of new warehouses new business blocks new stores both stores both retail and wholesale and over O 1500 new homes ui in ll the various arious residence 1 parts arts of the city Conditions were dormant for several cral years ears and the Ute condition that has bas prevailed here now makes it necessary for men in m in all nIl alks of life to make in investments in in real estate and IJ 1 building materials To Illustrate this point only the other othel day a business man n of our acquaintance ac nc- purchased some somo uptown property he Is s receiving as as' an nn Income tr from m his Investment In approximately approximately ap ap- proximately 20 per cent gross ro fJ revenue reven reven- ue This property is situated in a locality lo locality locality lo- lo which In the next ten years will willIn will willIn willIn In nil all probability double In value The rhe The unearned Increment as we term it will more moro than offset the extra building build ing InS costs cost above e not no mai prices I and besides be besides besides be- be sides will bo be in a n. position to demand demanda a n. very fair rental Income said a well known local real estate dealer Cnn Money The money mone to be made In Salt Lake City In the near future will be made mado madon In n the uptown business district andIn and andIn In tho the outlying suburbs In the tho business busi I ness district Main street values havo have shown quite a substantial rise since bince I the signing of at the tho armistice One firm flim has deposed of wr worth rth of or uptown pro property pert during during- the last tow few months None of orthe the purchasers of or these Various arlous pieces of oe property properly is willing to sell seH today at the same prices paid for tho the real estate purchased cd No doubt Salt Lake CIl City Is in for Cor a change in its growth th Tho The city has gotten to the point where it can no longer long be bo designated as a n one street town Main street between South Templo Temple and Fourth South cannot care for tor tho the demands of or retail business andas and andas as ns a Do consequence retail merchants are gradually going to acquire locations I on the side str streets ets that Is First Second Second Second Sec Sec- ond and Third South streets and besides besides besides be be- be- be sides there is s going to be bo a L very Lery sub sub- demand for tor retail stores on State street In fact it looks today like State Slate street promises to vie with Main Iain street as a a. retail I section n and shopping center cen cen- ter If Ie one will go 10 down State street streeta a remarkable building development will bo Lo seen particularly south of or the I City and County building where nu numerous numerous numerous nu- nu new now and wel well planned buildings buildings build build- ings arc springing up taking tho the place of ot properties used for Cor residence pur pur- poses posos To sustain tho the State street uptown uptown up up- town values a n great building development devel devol- Is on south of or Ninth South and as far tar south as ns Murray Only during tho the last few Cew years ears have o home- home seekers looked favorably Cn upon South State as a a. homo home locality This condition condition con con- has entirely changed and as a a. result it t will only be bo a little while un unI until until un- un I til the tho roads from the Capitol to Murray Murray Mur Mur- IurI ra ray I is ii a long artery faced by business I blocks and modest homes iron til I Ii is Tremendous Salt Lakes Lake's growth in tho the southeast in tho the last ten years lears has been simply simply simply sim sim- ply tremendous In Jn Homo some sections the population has hag doubled and trebled This Is particularly particular true of the section section sec sec- tion east cast and south of or Liberty park I It is a residence section that will pullI pull for tho the growth of the retail district and from Crom this hypothesis one cannot I help see great grent opportunities in tho the purchase of ot real estate cast of oe Main and Ind south of or what hat Is the old os- os esI I d d northern business limit of or tho city With nth tho the groat growth In InI tho southeast section one ono can see no I other othor thing than Increase In the values of or tho the outskirts beyond what at pros pros- ont oat are aro the most active residential districts of or the cl city ty Froth From the Iho financial st standpoint Salt Lake Lako ro real 1 estate Is 8 safe rO and sound In In- In vestment During Durin the next few years ono one need but uso use discretion in buyIng buying buying buy buy- ing and lay Iny a foundation of or future fortunes Now is the time to bu buy Salt Lako real estate |