The Salt Lake herald-Republican. [volume] (Salt Lake City, Utah) 1909-1918, 1910-04-03

will it nay TO invest in Highland
/ Park lots?" is the question many per-
| sons in salt Lake City and elsewhere
/ are asking themselves since this pOpu-
/ lar addition was placed on the market.
! It is a question that KimbaH & Rich
ards. land merchants, and owners OF the
property, want every prospective puf-
/ chaser to ask and answer for himself
and herself before putting money into
/ this property 1t is a business PROPOSE
ton, and should be treated in busi-
ness-like manner.
/ Kimbau & Richards say the answer
to the question IS Yes"
/ There are two main reasons:
| First: Salt Lake is a growing city
and any wise investment in real estate
in a growing city viii pay.
J Second The public improvements
/ being installed on this property BY the
/ owners Of Highland Park must mean
a rapid enhancement Of values, par
ticuIarly as the addition is in that sec
/ ton Of the city which is growing most
rapidly of all the residence sections.
STILL ANOTHER REASON.
TO these two main reasons might be
added q third:
/ So many purchasers have already
bought In Highland Park, with the in
]
/ that the adjacent lots also must IN
J crease in value.
/ KimbaH &Richards themselves have
a program of Improvements on some Of
the lots in Highland Park which VIII
mean much to those who own adjacent
property. They are not making a strong
| argument of this at present, however,
as they plan first TO complete the gem
/ eral improvements on the property, OF
to get them so we'll under way that
| they may be carried through to COM
pletiOn with comparatively little atten-
/ ton.
/ PRESENTS BUSY SCENE.
A visit to the tract will reveal an
amount of work under way that cannot
/ but attract home builders and invest
ors to the tract-and the more home
/ builders and investors, the more rapid
/ Iy the land will grow in value.
! Grading has been completed already
| on a large proportion of the streets on
the property, and is so far advanced
on others that the outlines of each
block are clearly discernible, and an
/ intending purchaser may pick out lot
/ on the tract. then go to the map and
point to it there. This means that the
! purchaser may now know just exactly
what he is getting.
/ So the purchaser Of lots in Highland
| Park buys with the lot a graded street
/ in front. He also buys fve-foot ce-
ment sidewalk in front Of his property,
and cement curbs on most Of the
| streets, and trees to be planted in front
Of the property.
Compare the value OF lots In any
! residence section in salt Lake City that
| has graded streets, cement sidewalks
and curbiug, and where shade trees are
planted, with the prices asked by Kim
ball & Richards for Highland Park
lots and you viii see why it is that the
owners are confident that prices OF
property in Highland Park addition
must advance rapidly.
PROPERTY WELL LAID OUT.
But lots in Highland Park addition
| have advantages that appeal strongly
TO the home builder and that are not 70
be found in many sections Of this city.
( The public Of Salt Lake City by this
time appreciates the advantage and the
value Of having an alley in the rear OF
the lot. The great majority Of lots IN
Highland Park have this feature.
Again, only small proportion OF the
lots in Highland Park addition face
north, and those that do are mostly on
the main street Of the property. This
feature adds much to the desirability
of the lots and makes them easily sale
able.
OTHER IMPROVEMENTS COMING.
No mention has been made Of the ne
gotiatiohs under way for electric light
service, street car service to the tract
and city water service. Negotiations for
these are all progressing favorably, but
Kimball & Richards prefer not to hold
these out as an inducement until the
negotiations are completed. The recon-
mendation for a six-inch water main
has already been passed by the city
council water works committee, and IS
now before the council for final action
The outlook of the negotiations with
the Utah Light & Railway company IS
equally promising.
The owners have an Office on tho
tract, and an employe is always on
hand there, ready to point out the loca-
ton OF lots in the addition Highland
Park as an investment is we'll worth IN
vestigating, and KimbaIl & Richards
cordially invite intending purchasers TO
see them either at their head offices, at
30 Main street. or on the tract