3965 300, Murray, UT 84107
30BD/—BA Residential in Murray, UT 84107. 72,350 sqft. Built 2020. Listed at $12,000,000. MLS #2137712.
30BD/—BA Residential in Murray, UT 84107. 72,350 sqft. Built 2020. Listed at $12,000,000. MLS #2137712.
$12,000,000
Millcreek Cove Apartments is a modern, boutique multifamily community at 3965 S 300 E, Murray, Utah 84107, in the heart the Murray area. Built in 2020, this 30-unit property offers residents contemporary design, convenience, and quality construction.
Property Type
Residential
Property Style
> 4 Units
Architectural Style
Stories: 3
Subdivision
PLAT A
County
Salt Lake
Construction
Stucco
Lot Size
1.25 sq ft
Condition
Blt./Standing
MLS #
2137712
Property Type
Residential
Property Style
> 4 Units
Architectural Style
Stories: 3
Subdivision
PLAT A
County
Salt Lake
Construction
Stucco
Lot Size
1.25 sq ft
Condition
Blt./Standing
MLS #
2137712
List Price
$12,000,000
Annual Taxes
$72,689
Home Warranty
No
List Price
$12,000,000
Annual Taxes
$72,689
Home Warranty
No
Flooring
Laminate
Materials
Stucco
Laundry
Gas Dryer Hookup
Patio & Porch
Patio: Open
Flooring
Laminate
Materials
Stucco
Laundry
Gas Dryer Hookup
Patio & Porch
Patio: Open
Garage Spaces
60
Covered Spaces
60
Total Parking
140
Garage Spaces
60
Covered Spaces
60
Total Parking
140
Why this is a deal
Classification
Strong Cash FlowDeal Score
100/100
vs Similar Homes
243% above
vs Market Median
112% above
Area Growth (YoY)
2.5%
Deal Score Breakdown
100/100 · 1 qualifying signal
LT net cashflow +$71,876/mo (+86.7% return on ownership cost) · STR net cashflow -$63,479/mo (-76.6% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
2.5% year-over-year ZHVI growth in this area
Priced 243% above the median of similar listings
Priced 112% above the per-subtype city median
No price reduction from original list
Ensemble scoring: the best single signal sets the floor, secondary qualifying signals (≥60) each add 5 points up to +20. A home that strongly wins on one dimension is already a great deal — it doesn't need to tick every box.
Why this classification
Monthly Rent
$175,839/mo
Range: $130,624 – $221,055
Net Monthly Cash Flow
+$71,876 /mo (+$862,509/yr)
Monthly rental income
Monthly ownership cost
Coverage
212%
Net /mo
+$71,876
DSCR
2.54
Est. Annual Revenue
$332,281/yr
$389/night · 39% occupancy · $132/bedroom · $0.42/sqft
Net Monthly Cash Flow
−$63,480 /mo (−$761,762/yr)
Monthly STR income
Monthly ownership cost
Coverage
33%
Net /mo
−$63,479
DSCR
0.32
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
15
Available Providers
$525,000
+2186% vs median
61 days
123
$199,900 – $1,450,000
$72,689
High Crime
14.9
per 1,000
57.8
per 1,000
8.1
per 1,000
80.9
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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Daryn Edmunds - High Road Properties

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Devin Tanner - Utah Realtor
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