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> 4 Units

Active

181Days on Market

$10,843,273

$546/sqft+3.9%/yrHome values in the 84321 zip code have grown an average of 3.9% per year over the last 5 years.

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About This Property

I'm interested

Must be Sold with the Scotsman 620 E 600 N, Logan, UT MLS# MLS# 2139673 39 X 1 bed / 1 bath 2 X 2 bed / 1 bath 2 X 2 bed / 1 bath furnished (4 students, shared bedroom) 2200 1 X 4 bed / 1 bath furnished (4 students/4 private bedroom) 1 X 5 bed / 1 full bath and 1.5 bath furnished (6 students 4 private/1shared bedroom) *8 Washers / 8 Dryers. No coins. Potential income to replace with coin operated Laundry All units have been remodeled in 2024 or 2025 New roof in 2024 and resurfaced parking in 2025 Landlord charges for WIFI providing an additional revenue stream All leases are 12-month terms Assumable FHA loan through Arbor Financial Group, 3.8% fixed interest, expires 2035 Market rates $1,400. Currently collecting $1,200 for the 39 X 1 bed/1 bath units

Property Features

Heating

Electric,Gas: Central

Flooring

Laminate,Tile

Interior Features

Alarm: Fire,Disposal

Parking

Parking: Uncovered

Unit Breakdown

Type 1×39

1 bed · 1 bath

$1,200/mo each

= $46,800/mo

Type 2×2

2 bed · 1 bath

$2,200/mo each

= $4,400/mo

Type 3×2

2 bed · 1 bath

$1,200/mo each

= $2,400/mo

Type 4

5 bed · 2 bath

$3,700/mo

Total Actual Rent(44 units)

$57,300/mo

Location

Estimated Monthly Payment

$58,685/mo

Down Payment$2,168,655 (20%)

Principal & Interest$54,995

Property Tax$1,657/mo

Insurance (est.)$2,033/mo

Est. Total$58,685/mo

Based on 20% down, 6.529% rate, 30-yr fixed. For estimation only.

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MLS# 2139743• Tax ID: 06-054-0017

Courtesy of Chester Barber, Newmark Mountain West · chet.barber@gmail.com

Property data from UtahRealEstate.com. Home value index from Zillow Research (zillow.com/research/data). Walkability data from Walk Score. Rent estimates from Rentometer. Public records (owner + loan) from the Salt Lake County Recorder; loan rate estimated from FRED's 30-yr average at origination month, balance assumes a 30-yr fixed with no extra payments. Property valuations by Rocco Value. Information deemed reliable but not guaranteed.