UT > Magna
Magna, UT 84044,7337 W LOUDON DR
Magna, UT 84044,7337 W LOUDON DR
Magna, UT 84044,7337 W LOUDON DR
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$4,550,000
Est. payment /mo
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24 BD
20 BA
19,720 SqFt
Price Dropped by $300K

7337 W LOUDON DR Magna, UT 84044

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Kelle Herrera

Kelle Herrera

+1(801) 859-2661

UPDATED:

10/04/2024 10:18 PM

Key Details

Property Type Multi-Family

Sub Type > 4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 19,720 sqft

Price per Sqft $230

MLS Listing ID 2021214

Style Stories: 3

Bedrooms 24

Construction Status Blt./Standing

HOA Fees $32,767/ann

HOA Y/N Yes

Year Built 2020

Annual Tax Amount $32,020

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 0.0x0.0x0.0

Property 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.

Location

State UT

County Salt Lake

Area Magna; Taylrsvl; Wvc; Slc

Zoning Multi-Family

Interior

Flooring Carpet

Fireplace No

Laundry Electric Dryer Hookup

Exterior

Garage Spaces 8.0

Community Features Clubhouse

Amenities Available Fitness Center, Playground, Pool, Snow Removal

Waterfront No

View Y/N No

Present Use Residential

Total Parking Spaces 8

Private Pool false

Building

Water Culinary

Structure Type Brick,Stucco

New Construction No

Construction Status Blt./Standing

Schools

Elementary Schools Lake Ridge

Middle Schools Matheson

High Schools Cyprus

School District Granite

Others

Senior Community No

Tax ID 14-21-451-079

Monthly Total Fees $32, 767

Listed by Mountain West Commercial LLC

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Kelle Herrera

Agent | License ID: 4963761-SA00

+1(801) 859-2661

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7337 W LOUDON DR