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7337 W Louden Grove Dr
Magna, UT 84044

$3,850,000 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 5.27 %
  • Zoning R-M
0 Transit Score
6 Walk Score

Highlights

Modern "Turn-Key" Asset: Built in 2020, significantly reducing immediate capital expenditure (CAPEX) and maintenance costs.
Oversized Floor Plans: Units are 15-20% larger than the market average, providing a significant competitive advantage.
Smart-Home Integration: Equipped with a "Smart Home Package" including smart locks, doorbell cameras, and smart thermostats.
Proximity to Major Employment: Minutes away from the massive industrial and tech hubs of the Northwest Quadrant and the Inland Port.
Proven Market Resilience: Located in a submarket with 100-basis-point-plus vacancy declines in recent years, signaling upward pressure on rents.

Property Flyers

Financial Summary (Actual)

Net Operating Income: $202,788 USD (2025)
Cap Rate: 5.27 %
Total Expenses: $116,837 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

AirportDriveWalkDistance
Salt Lake City International 14 min - 9.0 mi
Jake Nielson 435-851-0951 Newmark Mountain West
Jake Nielson 435-851-0951 Newmark Mountain West