7337 W LOUDEN DR, Magna, UT 84044
7337 W LOUDEN DR, Magna, UT 84044
7337 W LOUDEN DR, Magna, UT 84044
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$3,850,000
Est. payment /mo
24 Beds
20 Baths
19,720 SqFt
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Key Details

Property Type Multi-Family

Sub Type > 4 Units

Listing Status Pending

Purchase Type For Sale

Square Footage 19,720 sqft

Price per Sqft $195

MLS Listing ID 2143840

Style Stories: 3

Bedrooms 24

Construction Status Blt./Standing

HOA Fees $32,767/ann

HOA Y/N Yes

Year Built 2020

Annual Tax Amount $32,886

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 0.0x0.0x0.0

Property Sub-Type > 4 Units

Property Description

Built in 2020, this 20-unit asset at 7337 W Louden Grove Drive offers a "turn-key" investment in the high-growth Salt Lake Valley. The property features an exceptional unit mix of 16 expansive 1-bed/1-bath units (902 sq ft) and 4 oversized 2-bed/1-bath units (1,322 sq ft), providing significantly more living space than the market average to attract hard working, long-term tenants. Situated just 15 minutes from Downtown SLC with immediate access to the Hwy 201 corridor, this low-maintenance building combines modern construction with the lifestyle amenities of the Colony Farms community, representing a premier opportunity for long-term appreciation in Utah's strongest rental submarket.

Location

State UT

County Salt Lake

Area Magna; Taylrsvl; Wvc; Slc

Zoning Multi-Family

Interior

Heating Forced Air

Flooring Carpet

Fireplace false

Window Features Blinds

Exterior

Garage Spaces 8.0

Pool Fenced, Heated, In Ground

Community Features Clubhouse

Utilities Available Natural Gas Connected, Electricity Connected, Sewer Connected, Sewer: Public, Water Connected

Amenities Available Management, Pet Rules, Picnic Area, Playground, Pool, Snow Removal

View Y/N No

Roof Type Membrane

Present Use Residential

Total Parking Spaces 8

Private Pool true

Building

Sewer Sewer: Connected, Sewer: Public

Water Culinary

Architectural Style Stories: 3

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

Acceptable Financing Cash, Conventional, Exchange

Horse Property No

Listing Terms Cash, Conventional, Exchange


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Listed by Newmark Mountain West

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1931 S 1100 E #200, Salt Lake City, UT 84106, United States
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7337 W LOUDEN DR