OCR Text |
Show b 1 1 Realtyj Sale Tops Week f rm pTl sale of commercial property at 224U S. State for more than $200,000 topped sales for the week, according to the Salt Lake Board of Re- altors multiple listing". , Handling the property sale was H. Men-iWallace of Inc., president of the Salt Lake Board of ReAlder-Wallac- f - I - A v , f ' altors. g? curb appeal, Capstone Condominiums East, is an example of now architec- - Sporting 3 ture that stops passing motorists. Ralph E ans of Curb Appeal nr Unique Condominiums Capture Public Favor By Daniel K. Cunningham Tribune Real Estate Editor Condominiums have what builders call curb appeal. The s t a r and aesthetic architecture has proven to be a s. K"Ji u when ists the motorpass by condomini-mum- s at East. Mr. undreds of people have Cunningham asked me what style archi3401-184- 5 down and $10,000 1 , s designer. Alliance, ' s . - c s r , " can give your business a new lease on life. t v ui - ", $ - v- - " i one paid prize-winner- rs First Phase Complete The first phase, involving 10 units of 1,680 square feet each, is completed and the first occupants will wove in late this month. The units include two and three bedrooms ar.d two or three baths, as well as fireplaces and patios enclosed by two walls. Mr. New said 3,000 square feet of park area would be developed for each unit, which will sell for an average One-Stor- 262-269- f ! 4' d w II Mttft We told You So one-stor- y A Every man during his lifetime has voiced his lament for not buying a certain piece of land that all of a sudden became very valuable. Over the years, land investment has produced the highest profits with the least risk of any type investment and today, the possibilities are even greater than ever before. Of course not all land has the potential to make you weak thy ov ernight, but the right land at the right price could help you get started in that direction. ESTATES is the right land at the right price. DONT make it possible for us to say, WE TOLD p from YOU SO. Take the Draper, Riverton and drive west 10 miles to the wooded acres of 1 for & ESTATES or call any information. dren, Mr. New added. The project has secured the services of a detective agency to provide security and when all units are sold a guard will man the entrance, a procedure which a growing number of Salt Lake apartments and condominiums are adopting in imitation of the crime-pron- e urban areas of the nation. Bob Marshall, a veteran of condominium sales in the Salt Lake area for several years, has been retained as sales representative. Capstone is the first condominium project for Corporation Nine, which is also beginning work on a cluster hous-n- g complex near Top of the World, 8300 S. Wasatch off-ram- 254-455- said. site also inThe seven-acr- e cludes a swimming pool and sauna to be used in common by tenants. Each buyer receives a double garage and additional parking space for campers and boats. Good Clientele Were getting good clientele, Mr. New said. Three purchasers paid at least h . Subsidiary of Woods Corporation new M r. position, Morgan will Mr. Morgan manage the firm's new condominium community, which Is now under construc tion. The new manager was born In Logan. He attended Utah State University and graduated with a degree in marketing in" 1966. Mr. Morgan served as a mortgage loan counselor for Prudential Fed- eral Savings. He and his wife live in Salt Lake Gty. Rites to Launch Mobile Homes AUGUST 26, 1970 AT THE OFFICE OP THE PROPERTY Disposition division, renewal and HOUSING MANAGEMENT, DEPARTMENT OP HOUSING AND URBAN SZVELOPMENT SEVENTH STREET. S. W ROOM BfSS WASHINGTON, D. C. t - OMAHA, NEBRASKA UNITS ROOMS REQUIRED DEPOSIT 1 ANNUAL AMOUNT -S- ALT LAKE CITY, SUNSET TOWERS 113 562 $1,575,000 $75,000 $1,417,303 (See Note) CURRENT APT. RENT UTAH $13,319 $225,810 A fifteen-stor- y elevator building containing 113 units (562 rooms) located 40i .. South 9th East; approximately lVi miles east of downtown Salt Lake City. Project office is located in Unit IB. - WINGATE, ARMS $1,40000 5ee sophisticated Total Electric condominium homes at 3401 59 $75,000 $3,017 $175,620 318. $1,2604)00 (See Note) South and 1845 East in Salt lake City. MASSACHUSETTS BROOKLINE, ing spacious leisure park areas A elevator buiidkig containing 59 units (dlSVi rooms) located 30 Gardner Roatk approdmately Vz mile from downtown Brookline. (N) TMs may Do lncroml to SM93M without price approval. time consuming yard work, expensive exterior upkeep, crowded facilities, theft. mot& sLx-sro- ry Capstone, the first condominium project of its kind in the Salt Lake Valley, is the closest thing we know to perfection in comfort living. Homes are constructed in "clusters, provid for owners. We don't have: noise, traffic congestion, Here's What We Do Have: 1. IDEAL LOCATION. the heart ot the valley. Quiet, suburban, away from the population explosion vet only 15 minutes from downtown. 2. CAREFREE LIVING. With condominium livng, there's no yardwork or maintenance. 3. COMPLETE SECURITY. If you want to leave, . just lock the door and drive off. Your home is watched by a security service. 4. TOTAL ELECTRIC LUXURY. In addition to abundant light fof li ihg and clean-as-ligflameless electric heatup and air conditioning, each and lohn 278-123- 278-12- 4, South 7845 fa t 13 street. Salt or Currant Gross Annual Apartmant Rant G-- E PROSPECTUS MAY BE OBTAINED SPACIOUS ROOMS. Each unit provides 1,680 square feet of living area, plus storage basement. Choose 2 or 3 bedrooms, 2 or 3 baths. Each unit includes such wanted extras as a fireplace, turn wall enclosed private patios and double garage w ith automatic door opener. 6. QUIET ADULT LIVING. Silent wall construction and insulated windows. No children under 15 ears. Underground utilities. 5. Builders: Harvey G. Dalton Phone: kitihen with famous W. New 467-873- 1. late Citv, I 'fah at mortgage ,ncreases ,n reiat,on Required Replacement Resarva Pw Annum unit otters an appliances. In ht An open house will be held Sunday from noon to 8 p.m. at The Country Squire, a mobile home subdivision at 8500 S. , - i West site is owned by The The Squire, Inc., a subsidiary cf Vista International Corp., aid Lynn H. Coombs, Squire ce president. SCALED BIOS WILL BE RECEIVED AND PUBLICLY OPENED AT 11M A.M. fcD.T. ON 105 $40,000 $9,780 $ 800,000 $147,600) 329 Vi $ 810,000 (See Note) A fifteen-stor- y elevator building containing 105 units (329Vi rooms) located at 320 North 20th Street, approximately ffti blocks northeast of downtown Omaha. (A This my be inemmert to $160,200 without prior approval. was made by Richard S. Prows, cf president Richard Prows. Inc. In bis Oklahoma City, Oklahoma (NYSE) THE PALMS APARTMENTS appoin- tment COMPANY y MINIMUM PRICE MAXIMUM MORTGAGE nf Three Fountains East, associates report. Mr. M o A Department of Housing and Urban Development invites bids for each of the following properties, separate bids (net to the Secretary) to be tendered in the manner indicated. To quality for consideration each bid on its face shall be firm, unconditional, responsive, fixed in one amount certain and not in the alternative. .,W- Ronald C. Morgan has been sales manager of named STAR MANUFACTURING 359-865- 8, i i Bieater of the iwthmide network of Star iailierDealers 1-- 15 At (Japstoite, WtafWc Dont Havels Pust As Imp ortamt as What We Bellave This gives an owner a lot of individual space, which he wont have to maintain, something we think is new in the Mr. New Salt Lake area, Sales Manager Named for Condominium inriwi Weve had a lot of requests for homes from people who have raised their chil- $35,000. Call first thing tomorrow. Or see Victor Chytraus, Fd Chytraus or Floyd Robertson, 3902 South Main, Salt Lake City, Utah. They've got a plan that can give your business a new lease on life. take a want. You know it new building to get it. Why let today's construction costs hold you back? Units y Through Star Manufacturing's special lease program, Victor Construction con custom-builto your exact specifications. Help you finish the interior. Decorate. Even pave and landscape. will two-stor- tecture it Is, says John New, president of Corporation Nine, which owns the development in joint venture with Triangle Construction Co., the builder. Its now architecture not modern, provincial or Mediterranean. Capstone is I have an just real which architect magazine shows 10 top and all seem similar to our building, he adds. Ralph Evans of Architects-PlanneAlliance, Salt Lake City, designed the condominium project. Lease it from Victor Construction. We'll put you in business faster, to start earning sooner. You'll save on taxes . . . eliminate mortgage interest payments. Money that might have been tied up in building can be better invested its additional people and equipment. You know what you This is a pattern similar to Three Fountains in Murray, which is being bought by persons 40 or over who have raised a family and have equity in existing homes. When fully developed, the Capstone will contain 48 units, placing the value of the project at $1,750,000. Construction of an additional dozen units will begin within a month and are designed by the same architect. However, these will be y units, instead of the townhouses. one-stor- y H i: i r - $1,990,677 were made for the week and included 70 home sales, valued at $1,532,977; -. eight multiple unit dwellinglots. vacant fne $218,150; and one business $39,550, property, more than $200.000. home sold for $58,500. Will Arnott, salesman for First Security Realtor, handled the sale. Seller was Bernard Schroer and buyer was Kerry M. Heinz. Some 84 sales valued at Victor Construction Co., Inc. , ( v Page 4 Sunday Morning, July 19, 1910 South), Mr. Wallace said. Seller of the property was L. H. Bennion Co., Salt Lake City. Largest home sale was at 5329 Cottonwood Club Dr. (1830 East). The cash." Cap stone traffic stopper ArchStects-Planner- P . Hayes Bros Buck purchased the property for expansion. The firm now owns a block on State Street between the Denver and Rio Grande railroad tracks and Haven Ave. (2290 .J 3401-184- Section fihuiit 4talf Heal The 'i nwt gait f a I; c FROM THE UNDERSIGNED DEPOSIT VTTM RID. Bids must b accompanied by Money Order; Certified, Ceihiers or other banker's check to Federal Housing Commissioner tor not leu then the REQUIRED DEPOSIT, to be applied on the purchase or returned tt the bid le rejected. TERMS OP. SALE. The Secretary will accept mortgafi ercuring note In the MAXIMUM MORTGAGE AMOUNT given by .the purchaser to.be mortized by the LEVEL ANNUITY METHOD in 440 monthly lymenta at 6 interest, plus service charge of VX of IK. Tno Purchaser muat execute the standard Regulatory Acwwent prmdding for the customary control, including rent. The torraufa for the determination of tlw Maximum. Parrtttssiye Lem l made a part .ot the Bidding Instruction. Tho contract, Mted Mth bidtom, la binding on oecoptonca by tho Secretary and requires closing within 0 days. The right i reserved to raiect any or all bid end to waive any Informality in any bid. If c.i acceptable bid pursuant to this advertisement la not received on the RETURN DATE In any Instance, the Secretory will consider the Bret bid, meeting the requirement spuciffed horeln. If received within so day following the Rm speciltod bid opening date. Bidding instructions must be obtained from the undersigned. ADDITIONAL PROPERTIES ARE OFFERED A mailing list is maintained of those interested in receiving prospectuses when Issued. To have your name placed on this mailing list, write to the undersigned. PROPERTY DISPOSITION DIVISION iQollfjlg 400 RENEWAL AND K3US!K3 MANAGEMENT l2AH ELPAm'EHT C? EOEES WASHINGTON, && CEYELCPOiT 2341! V. I i K it ' Tfc 4, , - r i - ivht y |