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55 N 100 E
Hyrum, UT 84319
Costa Azul Townhomes · Multifamily Property For Sale
·
10 Units
Investment Highlights
- 6.5% Proforma Cap Rate
- Fully gutted and remodeled in 2023 and 2024, with paint, carpet, new appliances, bathrooms have new fixtures and tub inserts
- Resurfaced parking in 2025
- 2 Story, 2 bed/1 bath townhomes with washer/dryer provided on the main level
- New Roof in 2022
Executive Summary
Located in Hyrum Utah, the Costa Azul Townhome community houses families who are employed in Cache County
2 Story, 2 bed/1 bath townhomes with washer/dryer provided on the main level
Fully gutted and remodeled in 2023 and 2024, with paint, carpet, new appliances, bathrooms have new fixtures and tub inserts
New Roof in 2022
Resurfaced parking in 2025
Tenants pay utilities except landlord covers trash, water and gas for boiler system
Landlord currently collecting $1,425, market rent is $1,550
2 Story, 2 bed/1 bath townhomes with washer/dryer provided on the main level
Fully gutted and remodeled in 2023 and 2024, with paint, carpet, new appliances, bathrooms have new fixtures and tub inserts
New Roof in 2022
Resurfaced parking in 2025
Tenants pay utilities except landlord covers trash, water and gas for boiler system
Landlord currently collecting $1,425, market rent is $1,550
Property Facts
| Price Per Unit | $271,440 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.63 AC |
| Cap Rate | 5.59% | Building Size | 8,000 SF |
| No. Units | 10 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1976 |
| Apartment Style | Low-Rise |
| Price Per Unit | $271,440 |
| Sale Type | Investment |
| Cap Rate | 5.59% |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.63 AC |
| Building Size | 8,000 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1976 |
Amenities
Unit Amenities
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Public Transportation
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 10 | $1,425 | 800 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $813,230 | |
| Land Assessment | $490,000 | Total Assessment | $1,303,230 |
Property Taxes
Parcel Numbers
Land Assessment
$490,000
Improvements Assessment
$813,230
Total Assessment
$1,303,230
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