Murray 404

404 E 5600 S Murray, UT 84107

404 E 5600 S, Murray, UT, 84107
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FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$9,500,000
Last Verified:
Jan 23, 2026

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Highlights

  • Welcome to where comfort meets convenience! Our community offers a range of amenities that are designed to make your life easier and more enjoyable. One of our most popular amenities is our BBQ area. Gather your friends and family for a delicious outdoor cookout, complete with plenty of seating and shaded areas to keep you cool on hot summer days. Additional amenities include:
  • Resident lounge
  • Brand-new fitness center
  • Fire Pits
  • Large Grass Areas
  • BBQ courtyard with seating
  • Community laundry rooms
  • Assigned resident parking spots with covered parking
  • On-site professional management team
  • Elevator access
  • Individual large, locked storage room included with each unit
  • Short distance to Trax, IMC, and shopping
  • Live within an ideal blend of traditional design with modern conveniences. Prepare a meal in your upgraded kitchen complete with stainless steel appliances, quartz countertops, and two-toned cabinetry. Our units are large and spacious to feel at home. High end finishes include:
  • Luxury Plank Flooring
  • Quartz countertops
  • Moen chrome fixtures
  • Stainless steel GE kitchen appliances
  • Microwave
  • Refrigerator
  • 4 burner range electric stove
  • Dishwasher
  • Disposal
  • Two-tone kitchen cabinetry
  • Air conditioning in all units
  • Panoramic views
  • Open-concept floorplans
  • Full-height backsplash
  • Undermount stainless steel sinks

Description

This newly renovated 39-unit multifamily property offers an exceptional buy-and-hold opportunity in the heart of Murray, Utah. Originally built in 1969, it has been tastefully upgraded in 2023, featuring modern interiors and community amenities. Residents enjoy a brand-new fitness center, resident lounge, fire pits, and a spacious BBQ courtyard for social gatherings. Each unit comes with an individual locked storage room, while assigned covered parking ensures convenience and security. The property spans 2.6 acres, providing ample green space for relaxation and recreation. With 79.49% occupancy, there’s immediate room to increase rental income by leasing the remaining eight vacant units. Proximity to shopping, healthcare, and public transit boosts the property’s long-term investment appeal. Priced at $10,500,000, this complex presents robust upside potential in one of Utah’s most vibrant submarkets.

This newly renovated 39-unit multifamily property offers an exceptional buy-and-hold opportunity in the heart of Murray, Utah. Originally built in 1969, it has been tastefully upgraded in 2023, featuring modern interiors and community amenities. Residents enjoy a brand-new fitness center, resident lounge, fire pits, and a spacious BBQ courtyard for social gatherings. Each unit comes with an individual locked storage room, while assigned covered parking ensures convenience and security. The property spans 2.6 acres, providing ample green space for relaxation and recreation. With 79.49% occupancy, there’s immediate room to increase rental income by leasing the remaining eight vacant units. Proximity to shopping, healthcare, and public transit boosts the property’s long-term investment appeal. Priced at $10,500,000, this complex presents robust upside potential in one of Utah’s most vibrant submarkets.


Year Built: 1969
Building Size: 27980sq ft
Lot Size: 2.51 acres


Documents

Sale Brochure

Map of 404 E 5600 S, Murray, UT, 84107

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.