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121 West 900 North

Logan UT 84321

40
20
40
174 sq. ft.
47480.4 sq. ft.
Duplex
Currently for sale - view listing

Overview

Rare 20-Unit Portfolio Opportunity to acquire a five-building fourplex portfolio (20 units total) on 1.09 combined acres in one of Logan, Utah's most sought-after rental markets. Rarely does a package of this scale become available in this submarket; an ideal opportunity for investors looking to grow their multifamily footprint with a single transaction. Investment Highlights: Projected 6.1% cap rate; with additional upside from on-site coin laundry income not factored into the calculation. Tenant-paid utilities (electric, gas, cable/internet) keep owner operating expenses lean and predictable. Built-in income upside; the on-site coin laundry offers a low-maintenance, easily scalable secondary revenue stream. Strong, consistent unit mix; all 20 units are townhome-style condominiums with desirable two-level layouts (2 bed/1 bath, ~888 sq ft), a floor plan that consistently attracts long-term tenants (buyer to verify square footage). Recent Capital Improvements: This portfolio has been well-maintained with major systems already updated; reducing near-term capital expenditures for the next owner: New roofs, all units (2018) New double-pane windows, all units (2023) New exterior paint, all units (2024) Property & Setting: Set among mature, established trees, the grounds offer a level of curb appeal that's hard to replicate in new construction; giving the property a lived-in, established neighborhood feel that tenants value. Parcels Included: 05-047-0051, 05-047-0052, 05-047-0053, 05-047-0054, 05-047-0056

Features

40 bedrooms
20 bathrooms
40 carspaces
40 open car spaces
174 sq. ft. floor area
47480.4 sq. ft. lot size
Duplex

Property history for 121 West 900 North

2007
Sold
Undisclosed
14 Aug 2007 by Ryan Rogers, of American Real Estate
2006
Sold
Undisclosed
20 Jul 2006 by T. Thompson, of HomeBased Realtors

Happy sellers in Logan

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Local market activity for 40 bedroom duplexes in Logan

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