MLS® ID: 1549354

404 5600

Murray, Utah, 84157

$3,950,000 Active
  • 32 Beds
  • 29 Baths
  • 44532 SQFT
This Multi-Family Opportunity Is an Incredibly Rare Find For East Murray! Located Just 0.1 Mile From TOSH Orthopedic Hospital, 0.7 Miles From IMC Hospital, And 1 Mile From Fashion Place Mall, Your Tenants Have It All! Sitting On 2.62 Acres, In A Park-Like Setting, This 44.532 Square Foot, 3 Story Building Offers: 29 Apartment Units (23,335 SF), Occupying Most Of The 2nd, And All Of The 3rd Floor. These Apartments Are Currently Rented At 100% Occupancy, And All Tenants Are On A Month To Month Lease Basis. The Main Floor And Remainder Of The 2nd (19,200 SF) Are Home To Offices, Conference Rooms, Flex Space And Abundant Storage. The Professional Space Was Most Recently Occupied By Seller, As The Corporate Office Over Several "Utah Based" Skilled Nursing Facilities. It Is The Perfect Opportunity For Any Owner Occupied Business! The Current Parking Ratio Is 2.5 Stalls Per Dwelling Unit, With Ample Land Available To Expand Amenities. Historically, This Building Was Known as the Cottonwood Maternity Hospital Although Its Current Use Is Multi-Family; It's Design And Location Offers Excellent Opportunity For Use As Senior or Disabled Living Centers. Please See Attachments For Pro Forma Valuation. * Seller Is Willing To Explore Seller Financing Options With 25% Down. Parcel Is Zoned R-M-15, Tax ID #22-18-177-014: MLS#1549354.
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Listing courtesy of Pristine Property of the West

Amenities

  • Full baths
    29
  • Full Baths Range
    4+ Baths
  • Total Baths
    29
  • Zip
    84157
  • Office name
    Pristine Property of the West
  • SQFT
    44532
  • Bedrooms
    32
  • Property type
    > 4 Units
  • Zoning type
    Multi-Family
  • School district
    Murray
  • Elementary school
    McMillan
  • Junior high
    Hillcrest
  • High school
    Murray
  • Year built
    1969
  • Heating
    Electric
  • Agent name
    Michael Lami
  • Tax amount
    $ 14525.0
  • Purchase Type
    Active
  • HOA fees
    $ 0
  • Price Range
    $2m+
  • Square Feet Range
    7000+ sq ft.
  • Bedrooms Range
    32 Beds
  • Year Built Range
    1989 (and earlier)
  • Office ID
    69829
  • Agent ID
    45959

Location

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