

Millcreek Apartment Land w/Approvals
Land | 7.18 acres
Marketing description
The Millcreek Creekside Apartments is a Fully Entitled Project Straddling Beautiful Big Cottonwood Creek. Your tenants will enjoy the aesthetic and naturally pleasant sounds of the trout filled stream in beautiful Millcreek, Utah. The location is conveniently located and walkable to two UTA Trax Stations, Murray North and Meadowbrook Stations. The project consists of the approved design and density of 423 Apartments in four buildings and 7,000 square feet of flexible commercial space along Central Avenue. Amenities include an upscale clubhouse, pools, and fitness center along with dog parks, fire pits, walking trails and stunning views of the Wasatch Mountains. The project comes with an in-place TIF Agreement of $3.5 Million of public financing. This fully approved project includes sophisticated building designs ready for your team’s value engineering for your preferred Architect to prepare the final construction drawings. All surveys, Geotechnical & Environmental Studies, and Final Grading Plans are all included.
Investment highlights
Qualified Opportunity Zone
423-Unit Fully Entitled Multifamily Project
Trax adjacent
In-place TIF agreement worth $3.5 million in construction value
7,000 SF of Commercial Space on Central Ave.
Along beautiful Big Cottonwood Creek.
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