Cascade Place was originally constructed as residential/office/commercial condominium community known as Commonwealth Place Condominiums in 2007. The property consists of three office/retail condominiums which are independently owned and The Cascade Apartments consists of 13 "live-work" residential dwellings all of which are being operated as rentals and is being marketed and sold as an apartment community. The Cascade Apartments controls 84% of the entire Commonwealth Place HOA which is transferred to the new owner upon the sale of the 13 apartments. The Cascade Apartments 84% controlling share of the HOA is based on the total square footage of the entire property. Constructed in 2007, The Cascade is an attractive two-story, wood frame/stucco building with controlled-access garage parking and one space dedicated to each residential unit. The residential floorplans are spacious as all of the one bedroom configurations have an office/den which could be utilized as a second bedroom.
Listing courtesy of Windermere Real Estate-Utah (Salt Lake Branch).