Active
7337 W LOUDON DR
Magna UT, 84044
$4,550,000
$230.73 per sqft
Active
24 Beds
20 Baths
19,720 sqft
Residential
Built in 2020
Investing in a 20-unit apartment building in Magna, Utah, presents a unique opportunity for substantial returns. With its modern construction, built in 2020, the property offers reduced maintenance costs and contemporary amenities, attracting quality tenants. Rents are currently below market rates, providing significant upside potential as they adjust to align with local market conditions. Magna's growing popularity and its proximity to major employment centers enhance the building's appeal, promising a strong rental demand and long-term value appreciation.
2021214
MLSⓇ ID
August 27, 2024
Listed
October 4, 2024
Updated
Map
7337 W LOUDON DR
Magna UT, 84044
Interior Features
Total Stories
0
Bedrooms
24
Total Bathrooms
20
Laundry Description
Electric Dryer Hookup
Floor Description
Carpet
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.14 Acres
Architectual Style
Stories: 3
School Information
School District
Granite
High School
Cyprus
Elementary School
Lake Ridge
Other Property Details
Area Name
Magna; Taylrsvl; WVC; SLC
Taxes
$32,020
Tax Frequency
Annually
Days on Market
31
Association Fee
$32,767
Association Fee Frequency
Yearly
Association Amenities
Fitness Center, Playground, Pool, Snow Removal
Garage
Yes
Garage Spaces
8
Parking Total
8
View
No
County
Salt Lake
Water Source
Culinary
Pool
No
Zoning
Multi-Family
Listing History
Date | Event | Price |
|---|---|---|
10/4/2024 | Price change | $4,550,000 -7% |
Courtesy of Mountain West Commercial LLC
Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 10:51 PM UTC, 10/4/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information deemed reliable but not guaranteed and should be independently verified. Properties may or may not be listed by the office/agent presenting the information. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor James Roth shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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