Lionsgate Apartments in Murray Sells for $67.2M

by Nellie Day

MURRAY, UTAH — A Seattle-based investor has acquired the 400-unit Lionsgate apartments in Murray or $67.2 million. The community is located at 136 W. Fireclay Ave., eight miles south of Salt Lake City and 40 miles north of Provo.

Lionsgate features one- to three-bedroom floorplans that range from 942 square feet to 1,165 square feet.

Danny Shin of Marcus & Millichap represented both the buyer and seller, a local owner, in this transaction.

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