404 E 5600 S

    Murray, UT 84157
    • $3,950,000
    • STATUS: Active
    • ON SITE: 452 days
    • ID#: 1549354
    $3,950,000
    • 32
      BEDS
    • 2.63
      ACRES
    • 29
      BATHS
    • 0
      1/2 BATHS
    • 44,532
      SQFT
    • $89
      $/SQFT
    Type:
    Multi-Family
    Built:
    1969
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    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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    Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2019-11-17T23:35:45.233. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.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. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
    www.colemererealty.com/homes/86807152

    404 E 5600 S Murray, UT 84157

    • Price: $3,950,000
    • Status: Active
    • ID#: 1549354
    32
    Beds
    29
    Baths
    0
    ½ Baths
    2.63
    Acres
    44,532
    SQFT
    $89
    $/SQFT
    1969
    Built
    Neighborhood:
    Murray; Taylorsvl; Midvale
    County:
    Salt Lake
    Area:
    Murray; Taylorsvl; Midvale
    Elementary School:
    Mcmillan
    Middle School:
    Hillcrest
    High School:
    Murray
    School District:
    Murray
    Property Description
    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.
    Exterior Features

    Carport Capacity 16 Driveway See RemarksAsphalt Exterior Building Materials FrameMetalGlassStucco Exterior Features See RemarksEntry (Foyer)Outdoor Lighting Frontage Facing N Garage Parking Features Parking: CoveredParking: Uncovered Landscaping See RemarksLandscaping: FullMature Trees Length In Feet Of Back Of Property 0.0 Length In Feet Of Front Of Property 519.4 Length In Feet Of Side Of Property 0.0 Lot Facts See RemarksAdditional Land AvailableCurb & GutterFenced: PartSidewalksSprinkler: Auto-FullTerrain: FlatView: Mountain Roof Features Asphalt ShinglesPitched Style High Rise

    Interior Features

    Floor Coverings CarpetVinyl Heating Features Electric Interior Features Alarm: Fire

    Property Features

    Accessibility See RemarksAudible AlertsElevatorFully AccessibleRampVisible AlertsWheelchair Access Additional Information See RemarksJoint Gas MetersJoint Power MetersLeases: MonthlySep. Air ConditioningSome Utilities In Rent Amenities See Remarks Animals None Community Pool No Hoa No Hoa Fee 0 Inclusions Alarm System Multifamily Property Type > 4 Units Owner Type Property Owner Pool No Possession Arrange Spa No Taxes 14525 Terms See RemarksCashConventional Utilities Gas: ConnectedPower: ConnectedSewer: ConnectedSewer: PublicWater: Connected Water CulinaryWell Water Shares 0.00 Yearly Occupancy 97 Zoning Multi-Family Zoning Code R-M-15

    Listing provided courtesy of Pristine Property Of The West. Information deemed reliable but not guaranteed accurate. Buyer to verify all information. © 2019 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved.


    Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2019-11-17T23:35:45.233. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.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. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
     
    Colemere Realty Associates
    9661 South 700
    East Sandy UT, 84070