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7337 W Loudon Dr

Magna, UT 84044

24 beds
20 baths
19,720 sqft
6,098 sqft lot
$205 per sqft
2020 build

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.

Listing courtesy of WFRMLS / Mountain West Commercial LLC

Last checked: Checking… • Last updated Feb 3, 2025 •

MLS# 2021214 —

The Building

Year Built:

2020
New Construction:

false
Construction Status:

Blt./Standing
Construction Materials:

Brick,Stucco
Architectural Style:

Stories: 3
# of Units Total:

20
Building Area Total:

19720.0

Interior

Flooring:

Carpet
Fireplace:

false
Laundry Features:

Electric Dryer Hookup

Room Dimensions

Living Area:

19720.0
Living Area Units:

Square Feet

Location

Cross Street:

2500

The Property

View:

false
Parcel Number:

14-21-451-079
Property Type:

Residential
Property Subtype:

> 4 Units
Property Condition:

Blt./Standing
Zoning:

Multi-Family
Zoning Description:

R-M
Current Use:

Residential
Waterfront:

false
Horse:

false
Lot Size Acres:

0.14
Lot Size Area:

0.14
Lot Size Dimensions:

0.0x0.0x0.0
Lot Size SqFt:

6098.4
Lot Size Units:

Acres

Listing Agent

Contact info:

Taxes

Tax Annual Amount:

32020.0

Beds

Bedrooms Total:

24

Baths

Baths:

20

Heating & Cooling

Heating:

false
Cooling:

false

Utilities

Water Source:

Culinary

Schools

Elementary School:

Lake Ridge
Elementary School District:

Granite
Middle Or Junior School:

Matheson
Middle Or Junior School District:

Granite
High School:

Cyprus
High School District:

Granite

The Community

Senior Community:

false
Community Features:

Clubhouse
Pool Private:

false
Spa:

false
Association:

true
Association Amenities:

Fitness Center,Playground,Pool,Snow Removal
Association Fee:

32767.0
Association Fee Frequency:

Annually

Parking

Garage:

true
Attached Garage:

false
Garage Spaces:

8.0
Carport:

false
Covered Spaces:

8.0
Open Parking:

false
Parking Total:

8.0

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
2/3/25 Feb 3, 2025	Price Changed	WFRMLS	$4,050,000	-11.0%
10/4/24 Oct 4, 2024	Price Changed	WFRMLS	$4,550,000	-6.2%
9/4/24 Sep 4, 2024	Listed / Active	WFRMLS	$4,850,000

Multifamily For Sale

$4,050,000

HOA

$2,731/mo.

Listing provided by broker:

Jacob Nielson

Mountain West Commercial LLC

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This multifamily located in Magna, UT 84044 is currently for sale for $4,050,000. 7337 W Loudon Dr is a 19,720 square foot multifamily with 24 beds and 20 baths. This multifamily is in the attendance area of Cyprus High School, Scott M. Matheson Junior High School, and Lake Ridge Elementary School.

Listing Courtesy of: WFRMLS and Mountain West Commercial LLC.

Information deemed reliable but not guaranteed accurate. Buyer to verify all information.

The multiple listing information is provided by Wasatch Front Regional Multiple Listing Service, Inc. from a copyrighted compilation of Listings. The compilation of Listings and each individual Listing are © 2025 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved.

The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.