152 W 4250 South
Murray, UT 84107

This multifamily development site in Murray, is in the heart of the Greater Salt Lake Area market. The Transit Oriented Development District (TOC) zoning allows for multiple uses. The highest and best use is for multifamily. In recent years, market interest has been very high for mid-rise multifamily development. The immediate submarket has been very receptive to new units in this transit district. Lease-up has been robust across all properties with an 80% absorption rate. The property provides incredible access to light rail, commuter rail and I-15. Tenants can easily access all major centers for employment, entertainment and retail shopping. The property is adjacent to Big Cottonwood Creek, providing a natural amenity to be enjoyed by all future residents of the site. Beautiful mountain and valley views can be seen in almost every direction. This multifamily site provides a unique opportunity to develop in the highly sought after Salt Lake market. INVESTMENT HIGHLIGHTS: * 2.32 ACRE SITE * TOD ZONING ENCOURAGES COMPACT, MIXED USE DEVELOPMENT NEAR TRANSIT STOPS * IMMEDIATE ACCESS TO THE MURRAY NORTH STATION FOR UTA TRAX LIGHT RAIL ACCESS * 1.7 MILES TO BEAUTIFUL MURRAY PARK AND REC CENTER * CONVENIENT TO I-15 CONNECTING ALL RESIDENTS TO ALL MAJOR CENTERS OF EMPLOYMENT, RETAIL, AND ENTERTAINMENT * 6-MINUTE DRIVE TO INTERMOUNTAIN MEDICAL CENTER MURRAY CAMPUS - ONE OF THE AREA'S LARGEST EMPLOYERS * CENTRAL MURRAY LOCATION * HIGH-GROWTH MARKET