454 N 400 E | Logan, UT 84321
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- LoopNet Team
454 N 400 E
Logan, UT 84321
Forest Gate & University Pines · Multifamily Property For Sale
·
56 Units
INVESTMENT HIGHLIGHTS
- Rare Value-add Opportunity in Logan, Utah
- Walkable to Utah State Campus, Smith's Marketplace, and more
- 3 and 4 Bedroom Units
- Excellent Location and Marketing Window
- Attractive Basis
- Non-rental Income Upside
PROPERTY FACTS
| No. Units | 56 | Building Size | 50,800 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1985 |
| Building Class | C | Parking Ratio | 3.46/1,000 SF |
| Lot Size | 3.36 AC |
| No. Units | 56 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 3.36 AC |
| Building Size | 50,800 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1985 |
| Parking Ratio | 3.46/1,000 SF |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Sprinkler System
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Smoke Free
- Storage Space
- Public Transportation
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+1 | 16 | $1,013 | 950 |
| 4+2 | 40 | $1,350 | 800 - 950 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $8,002,320 | |
| Land Assessment | $2,594,738 | Total Assessment | $10,597,058 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$2,594,738
Improvements Assessment
$8,002,320
Total Assessment
$10,597,058
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