The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1909-06-23
BIG WEEK FOR
REAL ESTATE MEN
Business Property Seems to Be
Greatest in Demand
of Late.
BIG DEALS ARE PENDING
GREAT DEMAND SHOWN FOR
SMALL HOUSES TO RENT.

II the next four days are marked oy
as much business activity as the past
two have been. this viii be one of the big
weeks of the season for the real estate
merchants During the last few weeks
considerable life has been noticeable IN
the residence district property market pui
this week has opened win uptown iedl
estate in the lead.
From now on real estate men antlci-
pate lively trade for property 10 tue
business district. At least six big deals
are nearing completion ana VIII most
likely be announced by the end of the
week number of Out-Ot-toWn buyers
are in Salt Lake and several OF lhese
men are said To be interested in the trans
actions about to- be closed. one real es-
tate dealer said yesterday;
.1f four deals that I know of should all
be given out az the same time, people
would think an earthquake had struck
tovyn. There are more big things under
way now than at any time since ] nave
been i'm Salt Lake. one of the transfers
which I am acquainted with will call Tor
the exchange of 100000, and the others
are nearly as important
Los Angeles Investor.
" g. Bradshaw Of Los Angeles four
.-esr ago purchased Salt Lake property,
which proved to be one of the best IN
vestments he ever made, and Is conSld-
cred by real estate men to be one of the
eessss He owns considerable property
here now and is acquiring more as rap
idly as he can.
Mr. Bradshaw yesterday made another
deal in local realty, which in
cludes the purchase of 2lzX29 rods
Of ground on Fifth South street between
Main and State streets The cOnsidera-
ton was $3.50. He has plans already
drawn for the construction Of building
on this property large enough TO accom-
modate the business Of four small stores.
Later on he plans to erect larger build
ing on the site.
Another deal Of considerable Importance
closed yesterday through the otfice OF
Meeks e. Mccartney was the sale of
41l5X830 feet on Fourth South street be-
tween Fifth and Sixth East streets from
George w. Fassell to J. +. Edwards. The
purchase price was s.. 70G The property
will be improved with some coy new
cottages I'm short time Norman Y.
Jump also bought d modern eight-rOOm
brick house located at 40 Canyon road
from George T. Oden yesterday for So
GO.
Demand for Homes.
There are at least $50 cottages needed
for renting purposes In Salt Lake right
now" remarked one realty man yester-
DAY. He said that houses were being
taken as fast as they could be completed
and that people were coming TO Sail
Lake from everywhere. one year age
II r. Schaufelburger bought a handsome
six-room house from the Salt Lake Sc
curity q Trust company. The residence
is located at the corner of Eighth ave
nue. and II street and is a very attrac
tive dwelling, designed by Architect II
S FrederiCksOn. Yesterday Mr.. Schaufel
burger sold his home to W. NJ. Odell a
q profit of 81. 100 which proves that al
investment in Salt Lake viii bring hand
some returns I'm a little time. Mr.. SChau
feiburger is assistant manager of tn,
keith-O Brien establishment.
Howells q Bailey report a good busl
ness in local property at the present time
So far this week they have disposed O
thirty-two lots I'm Empire addition. Twen
tv of these lots We're sold to one party
Most of them were purchased as an in
vestment but some of the lots viii bS
built on this season.
Montana Men Buy.
The Hubbard Investment company dis
posed of lots 4. and in Oakdale yes
terday to Fred Lentz of Anaconda, Mont
Another sale was made to Montana par
ties when the Piatt & Heath company
Helena bankers. bought two lots in Oak
lev Park addition, and four lots in Des
ky's Fourth addition. across the river