Property Facts Property Features Schools 5 days on UtahRealEstate.com

Property Facts

Days on URE 5
Status ACTIVE
MLS# 2077526
Type > 4 Units
Style Other
Year Built 1965

Beautifully Remodeled 16 Unit Apartment Complex located in a quiet Neighborhood in Logan. This multi-family apartment complex is very attractive for both tenants as well as investors because its been 100% remodeled top to bottom inside and out! This Property Never has any vacancies. Most tenants have been married students attending USU or working adults that want a brand new remodeled Apt near downtown Logan. It has 16 spacious studio apartments. Units #1-8 on the main floor and Units #9-16 are upstairs on the 2nd floor. Each apartment is the same size. The property was completely remodeled in 2019. Brand New Everything! New Plumbing, New Electrical, Outlets and Fixtures, New Insulation, New Drywall, New Paint, New Flooring, New Cabinets, New countertop & Sinks, New Fridge, New Stove & New Microwave, New Furnaces & Water Heaters, New Culture Marble shower, New Exterior Doors and Interior Doors. New Windows, New Blinds EVERYTHING is BRAND NEW on the Inside!!! Each unit rents for $1,000 which Includes Wifi. All 16 leases are all 12 month leases. Square footage figures are provided as a courtesy estimate only. Buyer is advised to obtain an independent measurement. PLEASE DO NOT DISTURB TENANTS. 2023 - Roof was Replaced 2024 - New gutters, New soffit & Fascia. New subfloor on upper walkway for 2nd story 2024 - New paint on exterior building and railings. Fresh black top sealing for parking lot and fresh painted lines and numbers in parking lot. 2024 - Brand new Fence on south side of property. Rents are below market. Rents could be raised to $1,050 - $1,100 per month before WIFI. Just barely made it pet friendly. So tenants pay $50 per month for pet rent. Adding a Laundromat on the property could easily generate $1,000 monthly or $12,000 annually Potential to add Covered parking to increase rent income as well. Please email the Owner with questions about the property and to set up a tour to come see this beautiful investment in person.

Property Features

Interior Features

Exterior Features

Other Features

Included in Transaction

Totals

Unit Configuration 1

Total Number Values Air Conditioning
Number of Units: 8 Deck: 0 Patio: 0 Gas: 0 Elec: 0
Furnished: 0 Unfurnished: 0 Gas Meters: 1 Elec (win): 0 Evap: 0
Elec Meters: 1 Disposals: 0 Dishwashers: 0 Evap (win): 0 Pump: 0
Oven-Ranges: 1 Refrigerators: 1 Solar: 0  

Per Unit Values

Lvl Approx
Sq Ft
Bed
Rms
Bath Fam Den Formal
Living
Rm
Kitchen
Dining
Laundry Fireplace
F ¾ ½ K B F S
3+ 0 0 0 0 0 0 0 0 0 0 0 0 0 0
2 0 0 0 0 0 0 0 0 0 0 0 0 0 0
1 470 1 0 1 0 1 0 0 1 0 0 0 0 0
B 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Tot 470 1 0 1 0 1 0 0 1 0 0 0 0 0
Current Rent: $1,000.00 Monthly Covered Parking: 0 Uncovered Parking: 8 Storage Units: 0

Unit Configuration 2

Total Number Values Air Conditioning
Number of Units: 8 Deck: 0 Patio: 0 Gas: 0 Elec: 0
Furnished: 0 Unfurnished: 0 Gas Meters: 1 Elec (win): 0 Evap: 0
Elec Meters: 1 Disposals: 0 Dishwashers: 0 Evap (win): 0 Pump: 0
Oven-Ranges: 1 Refrigerators: 1 Solar: 0  

Per Unit Values

Lvl Approx
Sq Ft
Bed
Rms
Bath Fam Den Formal
Living
Rm
Kitchen
Dining
Laundry Fireplace
F ¾ ½ K B F S
3+ 0 0 0 0 0 0 0 0 0 0 0 0 0 0
2 470 1 0 1 0 1 0 0 1 0 0 0 0 0
1 0 0 0 0 0 0 0 0 0 0 0 0 0 0
B 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Tot 470 1 0 1 0 1 0 0 1 0 0 0 0 0
Current Rent: $1,100.00 Monthly Covered Parking: 0 Uncovered Parking: 8 Storage Units: 0

Schools

Designated Schools

Elementary School Adams
Middle School Mt Logan
High School Logan
School District Logan

Nearby Schools

School data provided by GreatSchools.

For information about radon testing for homes in the state of Utah click here.

Contact Agent

Bryce  Anderson
Bryce Anderson
801-898-2213

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Listing Broker

Intermountain Properties
3731 W South Jordan Pkwy Suite 102- #223
South Jordan, UT 84009
801-898-2213

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