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Ryan Tall
  • Lender
  • Salt Lake City
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Pros & Cons of MTR in Downtown SLC? 1bd 1bth & Den/Office room

Ryan Tall
  • Lender
  • Salt Lake City
Posted May 3 2024, 05:56

Can anyone with MTR experience in downtown Salt Lake City give me their pros/cons? Insights/advice or thoughts? I am considering going this route with my unit and would love to hear about others experience.  

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Bradley Buxton
  • Real Estate Agent
  • Nevada
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Bradley Buxton
  • Real Estate Agent
  • Nevada
Replied May 3 2024, 10:13

@Ryan Tall

As business traveler to SLC frequently to the DT area having access to transportation and walkability to a place like Trolley Square with restaurants, shops, and a store. Having a target audience and adding value to that traveler will be most important. Business travelers want a desk, fast internet and usually good coffee.  Skiers need space for their gear, families will want kid friendly activities. 

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Ryan Tall
  • Lender
  • Salt Lake City
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Ryan Tall
  • Lender
  • Salt Lake City
Replied May 3 2024, 13:40

Thanks for the insight/inspo!

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Ryan Davies
Lender
#4 Creative Real Estate Financing Contributor
  • Investor
  • Salt Lake City, UT
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Ryan Davies
Lender
#4 Creative Real Estate Financing Contributor
  • Investor
  • Salt Lake City, UT
Replied May 6 2024, 07:21

I live in Salt Lake County. Those can do very well as long as HOAs dont restrict them.

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Jeremy Jareckyj
  • Real Estate Agent
  • Salt Lake City, UT
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Jeremy Jareckyj
  • Real Estate Agent
  • Salt Lake City, UT
Replied May 14 2024, 05:41
Quote from @Ryan Tall:

Can anyone with MTR experience in downtown Salt Lake City give me their pros/cons? Insights/advice or thoughts? I am considering going this route with my unit and would love to hear about others experience.  


 There is demand for them. I manage around 105 MTRS/STRs in northern utah, would be happy to chat further with you.