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Pencil in Profits – Prime Logan Multifamily – 20 units! Available

  • $3,639,000
  • 40 beds
  • 40 baths
  • 18,756 sqft

Great group of five 4-plex’s near Utah State. These are the cheapest 4plexes available in Logan. 630, 640, and 650 are townhome style units with 2 bedrooms/1.5 baths in each unit. Building 626 and 660 are up and down style units with 2 bedrooms/2 baths in each unit. Each unit has washer and dryer hookups and comes with a carport with 1 spot. 3 of the units have recently been fully renovated while the renovation for 2 additional units is nearly complete and will be completed prior to closing. The exterior renovation of building 626 is also near completion and will be completed prior to closing. The new owner has the opportunity to maintain renters or renovate as leases expire to increase cashflow. All buildings are currently being managed by a local property management company who charges 8% for a full service management and are very familiar with the buildings. The building roofs were replaced within the last 5 years.

Contact Ethan for more info at 385-481-3337.

HUDDYJAX, LLC IS EXPLORING ALL OPTIONS WITH THIS PURCHASE AGREEMENT. AS PART OF OUR DUE DILIGENCE WE ARE CONSIDERING SELLING OUR ASSIGNABLE CONTRACT FOR THE PROPERTY OR PARTNERING ON THE PURCHASE OF THE PROPERTY. WE MAY NOT OWN THIS HOME. WE DO NOT REPRESENT THE SELLER. THE INFORMATION IS PROVIDED AS A COURTESY, BUYER TO VERIFY ALL INFO.

We do not authorize any other person or company to market this contract without our consent.
Tyler Raso, principle of the company who owns this property or contract, is a licensed agent with Connect Fast Realty, LLC.

Price:
$3,639,000
Address:
626 & 630 & 640 & 650 & 660 N. 80 W.
Logan, Utah 84321
Square Feet:
18,756
Lot Size:
1.2
Bedrooms:
40
Bathrooms:
40
Terms:
Assignment of Contract
Property Type:
Multi-family
Year Built:
1973

Additional Features

Contract Terms - As-Is condition. - Settlement Deadline: On or before May 9, 2025 - Cash Buyers (Cash or Private/Hard Money) who can close quickly are preferred. - Buyer to pay both sides of closing costs. - We love working with agents who can bring us a buyer. Add your commission on top of the purchase price. - Text Ethan for more info at 385-481-3337 Deadlines - Walkthrough: April 15, 2025 Call/Text for Time - Due Diligence Deadline: April 16, 2025 - Offer Deadline: April 16, 2025 12:00 PM - Non-refundable earnest-money deposit of $20,000 must be sent by 5:00 PM on Offer Deadline date. - ALL DUE DILIGENCE TO BE COMPLETED PRIOR TO MAKING AN OFFER

Call (385) 469-1106 for more details

Property Location