Property
Beds
24
Full Baths
None
1/2 Baths
None
Year Built
2020
Sq.Footage
19,720
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.
Features & Amenities
Interior
-
Total Bedrooms
24
-
Bathrooms
N/A
-
Cooling YN
NO
-
Cooling
None
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
8
-
Construction Materials
Brick, Stucco
-
Pool
Yes
-
Pool Features
Fenced, Heated, In Ground, Private
Area & Lot
-
Lot Size(acres)
0.14
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
-
Architectural Style
Stories: 3
Price
-
Sales Price
$3,850,000
-
Tax Amount
$32,886
-
Zoning
R-M/ZC
-
Sq. Footage
19, 720
-
Price/SqFt
$195
HOA
-
Association
Yes
-
Association Fee
$32,767
-
Association Fee Frequency
Annually
-
Association Fee Includes
N/A
School District
-
Elementary School
Granite
-
Middle School
Matheson
-
High School
Cyprus
Property Features
-
Association Amenities
Management, Picnic Area, Playground, Pool, Snow Removal
-
Senior Community YN
NO
-
Sewer
Public Sewer
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Location
County
Salt Lake
Elementary School
Granite
Middle School
Matheson
High School
Cyprus
Listing Courtesy of Jacob S Nielson , Newmark Mountain West
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President / Real Estate Advisor
Damon Luke
Call Damon today to schedule a private showing.
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