7337 W LOUDON DR, Magna, UT 84044

  • $4,550,000
  • $4,850,000
7337 W LOUDON DR, Magna, UT 84044
  • Condo/Townhome
  • Property Type
  • 24
  • Bedrooms
  • 20
  • Bathrooms
  • 8
  • Garages
  • 19720.0
  • sqft
  • 2020
  • Year Built
For Sale
7337 W LOUDON DR, Magna, UT 84044
7337 W LOUDON DR, Magna, UT 84044
  • $4,550,000
  • $4,850,000

Description

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.

  • Address 7337 W LOUDON DR
  • City Magna
  • State/county UT
  • Zip/Postal Code 84044
  • Country United States

Details

Updated on October 7, 2024 at 10:21 pm
  • Property ID: HZ23226312
  • Price: $4,550,000
  • Property Size: 19720.0 sqft
  • Land Area: 0.14 acre lot
  • Bedrooms: 24
  • Bathrooms: 20
  • Garages: 8
  • Year Built: 2020
  • Property Type: Condo/Townhome
  • Property Status: For Sale
  • Living Area: 19720.0
  • MLS#: 2021214
  • Office Name: MOUNTAIN WEST COMMERCIAL LLC
  • Agent Name: Jacob S Nielson
  • MLS Status: Active
  • Living Area Prefix: Square Feet

Additional details

  • Covered Spaces: 8
  • Parking Total: 8
  • Lot Size Dimensions: 0.0x0.0x0.0
  • Lot Size Square Feet: 6098.4
  • High School District: Granite
  • Elementary School District: Granite
  • Middle or Junior School District: Granite
  • Association: 1
  • Association Fee: 32767
  • Association Fee Frequency: Annually
  • Association Amenities: Fitness Center,Playground,Pool,Snow Removal
  • Parcel Number: 14-21-451-079
  • Zoning: Multi-Family
  • Postal City: Magna
  • Construction Materials: Brick,Stucco
  • Property Condition: Blt./Standing
  • Current Use: Residential
  • Tax Annual: 32020
  • Flooring: Carpet
  • County: Salt Lake
  • Property SubType: > 4 Units
  • Elementary School: Lake Ridge
  • Middle/Junior School: Matheson
  • High School: Cyprus
  • Community Features: Clubhouse
  • Water Source: Culinary
  • Laundry Features: Electric Dryer Hookup
  • Idx Contact Information: 801-456-8800

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