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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.PROPERTY FEATURES
Unit Number : 20
Water Source : Culinary
Community Features: Clubhouse
Community Features: Fitness Center,Playground,Pool,Snow Removal
Parking Total: 8
8 Garage Spaces
8 Covered Spaces
Architectural Style : Stories: 3
Property Condition : Blt./Standing
Current Use : Residential
Multi-Family
Zoning Description: R-M
Construction Materials : Brick,Stucco
Construction Status : Blt./Standing
Flooring : Carpet
LaundryFeatures : Electric Dryer Hookup
PROPERTY DETAILS
Street Address: 7337 W LOUDON DR
City: Magna
State: Utah
Postal Code: 84044
County: Salt Lake
MLS Number: 2021214
Year Built: 2020
Courtesy of Mountain West Commercial LLC
City: Magna
State: Utah
Postal Code: 84044
County: Salt Lake
MLS Number: 2021214
Year Built: 2020
Courtesy of Mountain West Commercial LLC
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