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About the Listing 70659 - 89985
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
Listing Highlights for 121 W 900 N
Interior Details
- Bedrooms: 40
- Bathrooms: 20 Full
- Appliances:
- Air Cond:
- Heating: Forced Air,Gas: Central
- Fireplaces:
- Floor: Carpet,Linoleum
- Basement:
- Other:
- Water: Culinary
Exterior Details
- Lot Description: Fenced: Part,Road: Paved,Sidewalks,Sprinkler: Auto-Full
- Garage Capacity: N/A
- Parking Spaces: 40
- Lot Dimensions: 0.0x0.0x0.0
- Zoning: R-3
- Roof: Asphalt
- Others: Blt./Standing
- Sewer: Sewer: Connected,Sewer: Public
- Parking Features: Parking: Uncovered
Financial Details
- Tax Amount: $15,150
- Taxes w/Assessments: N/A
- Tax/Property ID: 05-047-0054
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
121 W 900 N Logan, UT 84321
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