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Emily Hayes

CEO Emily Hayes Homes | Emily Hayes Homes | Keller Williams | PLACE

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679 S 200 E , Brigham City, UT 84302
$7,200,000
Est. Payment: $16,000.00/mo
76 Bed
38 Bath
48384 Sqft
Status: Active | Days on site: 34
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House Description

Exceptional investment opportunity with a proven income producing history! Situated on approximately 2 acres, this well maintained multifamily property offers an impressive 39 residential units, multiple additional income streams and extensive capital improvements already completed. The community features 7 buildings with 4 units in each building and an additional 2 buildings with 5 units in each. This project consists of 36- 2 bedroom, 1 bath units, 1- 3 bedroom unit, and 1-1 bedroom unit. Also included is a spacious 2,280 sq. ft. manufactured home with 4 bedrooms. Beyond the residential units, the property includes 20 separately rented storage sheds, a dedicated laundry facility, and on-site management office, creating additional revenue opportunities. Residents enjoy generous green space, ample parking, a playground, and a gazebo, enhancing the overall appeal of the community. Currently operating with HUD assistance, 29 units are income restricted while 10 units are market rate, providing a balanced investment portfolio. Owners have invested significantly in the property's long term value. Nearly every unit has been updated, many with newer appliances. Additional improvements include newer windows and exterior doors throughout, roofs replaced within the past 10 years. Please call agent for additional information.

Highlights

Listed by Rebecca Cammack , 801-718-6878 and Lindee Bess , 801-458-9244 Besst Realty Group LLC , 801-782-4575.

Property Type

Multi-Family

Lot/Acreage
2

Year Built

1944

County

Box Elder

Area

Brigham City; Perry; Mantua

School District

Box Elder

Listing ID

2178515

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:76
  • Bathrooms:38
  • Full Bathrooms:
Appliances:Gazebo,Swing Set
Floor:Carpet,Linoleum,Tile
Other:
  • Range/Oven:Free Stdng.
  • Dishwasher:Built-In
  • Additional:Disposal
Water:Culinary

Exterior Features

Lot:Corner Lot,Curb & Gutter,Road: Paved,Secluded,Sidewalks,Sprinkler: Auto-Full,View: Mountain
Lot Dimensions:0.0x0.0x0.0
Garage Capacity:40
Zoning:Multi-Family
Roof:Asphalt
Others:
  • Porch:Open
  • Additional:Double Pane Windows, Out Buildings, Blt./Standing
Sewer:Sewer: Connected,Sewer: Public
Principal Interest
$16,000
Taxes
$2,721

Home Price

$7,200,000

Loan Details

30 yrs
%

Down Payment

20%
$1,440,000
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Monthly Price:
$16,000.00

Principal

Taxes

Principal Taxes HOA Total
Monthly $16,000.00 $2,720.58 $0.00 $18,720.58
Yearly $192,000.00 $32,647.00 $0.00 $224,647.00
Total $5,760,000.00 $979,410.00 $0.00 $6,739,410.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Brigham City, UT).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.