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7337 W Louden Grove Dr
Magna, UT 84044

$4,550,000 USD

Apartments For Sale • 19,720 SF

Property Details

Property Type Apartments
Total Building Size 19,720 SF
Lot Size 0.14 AC
Building Class B
Year Built 2020
Cap Rate 4.59 %
Zoning R-M

0 Transit Score

5 Walk Score

                
                    Highlights
                
                                Modern Construction: Built in 2020, minimizing maintenance and repair costs.
                            
                                Undervalued Rents: Current rents are below market rates, offering room for increases and higher returns.
                            
                                Growing Area: Magna’s increasing popularity and proximity to employment hubs boost rental demand.
                            
                                Strong Rental Demand: The area’s growth trajectory suggests steady or rising occupancy rates.
                            
                                Long-Term Appreciation: The combination of new construction and rental upside positions the property for future value growth.

Property Flyers

Copperview OM

Financial Summary (Actual)

Net Operating Income: $208,793 USD (2023)

Cap Rate:	4.59 %
Total Expenses:	$116,407 USD

Amenities

24 Hour Access
Fitness Center
Microwave
Playground
Pool
Tenant Controlled HVAC
Kitchen
Refrigerator
Oven
Stainless Steel Appliances
Range
Tub/Shower
Elevator
Freezer
Smoke Detector

Public Transportation

Airport	Drive	Walk	Distance
Salt Lake City International	13 min	-	9.0 mi

Jake Nielson 435-851-0951 Mountain West Commercial

7337 W Louden Grove Dr Magna, UT 84044