OM COMING SOON!
Property Overview:
Nestled just off 4500 S and 700 E in the heart of Murray, Utah, Murray Cove Apartments offers a rare blend of modern living, convenience, and investment potential. This meticulously designed property features spacious 1,400 sq. ft. townhome-style units with attached garages, appealing to tenants seeking upscale rental options with the comforts of a single-family home.
Key Highlights:
Spacious and Unique Units:
Each unit boasts a 1,400 sq. ft. townhome-style layout with attached garages, providing a distinctive living experience in a market dominated by traditional apartments.
Ideal for families and professionals seeking spacious, well-appointed living spaces.
Rental Growth Potential:
Current average rents are $1.18 per sq. ft. which indicates significant room for increases, with market rates exceeding $1.60 per sq. ft.
This property presents a prime opportunity for boosting cash flow and maximizing ROI.
Strategic Location:
Situated near 4500 S and 700 E, tenants enjoy convenient access to major transportation routes, including nearby freeways.
Close proximity to schools, shopping, dining, and recreational hubs enhances tenant appeal.
Stable Tenant Demand:
The property’s desirable features—spacious layouts, attached garages, and a prime location—support tenant retention and minimize vacancy risks.
Consistent demand from families and professionals ensures long-term occupancy.
Value Appreciation Potential:
With strong market demand for larger, upscale rental units, the property is well-positioned for long-term appreciation.
Enhanced rent potential further supports robust investment returns.
Access to Employment Centers:
Murray’s thriving business districts and employment hubs are within a short commute, making the property attractive to working professionals.
This convenience fosters tenant satisfaction and strengthens the property's competitive edge.