Listed by Parker Real Estate Services P.C.
$662,500
Logan UT 600 E Duplex
Details
APN 05-039-0012
Property Type Multifamily
Sub Type Student Housing
Square Footage 2,354
Net Rentable (SqFt) 2,354
Units 2
Beds 6
Cap Rate 3.13%
NOI $20,749
Occupancy 100%
Price per SqFt $281
Broker Co-Op Yes
Class B
Year Built 1950
Buildings 1
Stories 2
Acreage 0.210
Zoning Campus Residential
Parking Spaces 6 spaces
Parking per 1,000 SqFt 2.55
Investment Type Stabilized
Ownership LLC
USU Student Rental Duplex
Marketing description
USU area duplex with great history and a new sewer line. New parking area in backyard provides ample tenant parking. Common area washer and dryer included. Student rental with school year leases. Logan Transit bus stop right out front. Property averages $4,950 per month gross income.
Investment highlights
Strong Student Rental. Great history. New sewer line and additional parking in backyard.
Listing Contacts
Listed by Parker Real Estate Services P.C.
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$20,749.00
$1,729.08/mo
Valuation Metrics
0
DSCR
3.13%
Cap Rate
3.13%
ROI
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