Off Market
1600 N Park Ave, Logan, UT 84341
$20,771,100
261 bed · 185 bath · 1 sqft
This is the ultimate investment! There are 98 units in a hardy mix of residential & commercial up-down style duplexes with a gross yearly income of $1,555,200 (based off of $129,600/month rent for all 98 doors. Rent is $1,300-1,500/month/unit). The most beds any unit has is 3, which complies with Logan's renting laws. Set in a super convenient spot close to shopping, restaurants, & schools, not far from USU campus or Logan Canyon, you will never find a lack of renters. Expected completion to be within the next 1.5-2 years, so they will be completely brand new with hardyboard/stucco/brick exteriors, microwaves & ranges in all of the residential units, & a mix of garages, carports, & uncovered parking. Phase One consists of 12 duplexes & is Cache Valley's most sought-after development. Act now! (Buyer to verify all information.)
| Year built | 2020 |
|---|---|
| Lot size | 0.66 acres |
| Garage | 14 spaces |
| Stories | 0 |
| Type | Duplex |
| Annual taxes | $1 |
| County | Cache County |
| MLS # | 1657636 |
Photos (38)
Listing courtesy of Larry Bradley, Abode & Co. Real Estate LLC.
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