Do not buy or rent a condo at the Governors Plaza in Salt Lake City until you read this. I’m going to tell you the good, the bad, and the ugly about this condominium complex in downtown Salt Lake City. While the Governors Plaza can be a great place to live, there are some things you should know before you take the plunge and buy one.
To see a complete list of all of the currently available units at the Governors Plaza in Salt Lake City, click here
Overview:
The Governors Plaza in Salt Lake City is located at 560 E South Temple. The building was built in 1983 but still looks and feels new. Classy and impressive, with nice views of the valley and better than average amenities, this is one of the better condo complexes in the downtown area. Condos in this community typically range from about $350,000 - $700,000, although if you keep a close eye on it (here is a link to all of the currently available units), you will see prices below $300k once in a great while. There tend to be 5-10 units per year that come available and they do sell quite well. Price per square foot ranges from $250 - $350 per square foot (a 1400 sq ft condo would run about $350,000)
Summary of the Governors Plaza in Salt Lake City:
Pricing:$350,000 - $700,000
HOA Fee: $355/month
HOA Covers: Indoor swimming pool, jacuzzi, and exercise room, large atrium for entertaining, extra storage, 2 underground reserved parking spaces, maintenance of common areas, garbage, sewer, water, cable TV
Size: 1500 - 1600 square feet
Year Built: 1983
Animals Permitted? None
Click here to see all of the condos for sale in downtown Salt Lake City
Let’s go over the good and the bad about the Governors Plaza in Salt Lake City
The Good:
The building is impressive inside and out. You can clearly tell that the quality of construction is very high because it just feels solid inside. The walls and insulation between units must be fairly thick because you can only rarely hear any noise from neighbors.
The amenities at the Governors Plaza are excellent and include an indoor swimming pool, a hot tub, a huge exercise room, and a really cool social atrium.
In addition to the amenities, the HOA also covers maintenance of common areas, 2 parking spots in the garage, water, sewer, garbage, and cable TV.
2 parking spots in the secure, underground garage is a plus. Most of the other communities in the area only offer one.
The Bad:
Parking at the Governors Plaza can be difficult if you have people coming to visit you. There is parking available on the street but it can become difficult if you are having a large gathering.
Many of the units need updating. If you are lucky enough to find one that has already been updated then you won’t have to worry about this. Many, if not most of the units have not been updated since they were built in 1983.
Other nearby condominium complexes:
Governors Plaza
American Towers
Broadway Park Lofts
Belvedere
Bonneville Tower
Zion Summit
Broadway Tower
Parc at Gateway
Broadway Lofts
Dakota Lofts
Northridge Heights Condos
Trevi Towers
Stansbury Condos
Pierpont Lofts
838 Condos
Rockwell Condos
Ivanhoe Condos
University Heights
Wasatch Towers
Regent
Uffens Marketplace
Connor Southworth, SFR, CNE
Realtypath
REALTOR (R)
Licensed in UT
(801) 792-5326 (direct)
http://www.UtahHouseQuest.com
Comments(1)