Copperview Apartments
2020 Turn-Key Portfolio: 20 Large-Format Units 15 Minutes from Downtown SLC
Marketing description
Built in 2020, this 20-unit asset at 7337 W Louden Grove Drive offers a rare "turn-key" investment in the high-growth Salt Lake Valley. The property features an exceptional unit mix of 16 expansive 1-bed/1-bath units (902 sq ft) and 4 oversized 2-bed/1-bath units (1,322 sq ft), providing significantly more living space than the market average to attract high-credit, long-term tenants. Situated just 15 minutes from Downtown SLC with immediate access to the Hwy 201 corridor, this low-maintenance building combines modern construction with the lifestyle amenities of the Colony Farms community, representing a premier opportunity for immediate cash flow and long-term appreciation in Utah’s strongest rental submarket.
Investment highlights
Property Highlights
Modern "Turn-Key" Asset: Built in 2020, significantly reducing immediate capital expenditure (CAPEX) and maintenance costs compared to older regional inventory.
Oversized Floor Plans: Units are 15-20% larger than the market average, providing a significant competitive advantage for tenant retention and premium pricing.
Smart-Home Integration: Equipped with a "Smart Home Package" including smart locks, doorbell cameras, and smart thermostats.
In-Unit Convenience: All units include full appliance packages and laundry hookups (side-by-side in the 2-bedroom units).
Low Management Burden: Modern MEP (Mechanical, Electrical, Plumbing) systems and energy-efficient construction ensure streamlined operations.
Location & Community Highlights
The "Colony Farms" Advantage: Residents have access to high-tier community amenities, including a temperature-regulated pool, premier fitness center, exclusive clubhouse, and a dedicated pet play area.
Strategic Commuter Hub: Situated just off Hwy 201, offering a direct 15-minute drive to Downtown Salt Lake City and 14 minutes to SLC International Airport.
Proximity to Major Employment: Minutes away from the massive industrial and tech hubs of the Northwest Quadrant and the Inland Port.
Proven Market Resilience: Located in a submarket with 100-basis-point-plus vacancy declines in recent years, signaling a tightening supply and upward pressure on rents.
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