Remodeled Apartment
125 S 200 W, Brigham City, UT 84302
For Sale
$2,537,000
Each apartment has a two-bedroom, one-bath layout, carport, and in-unit washer and dryer.
Property Size9,000 SF
Price / SF$281.89
Days on Market21
Property Features for 125 S 200 W
General Information
Standard status
Size
Property subtype
Additional Details
Average Monthly Rent
Tenant in Place
Amenities
carport
washer and dryer
Building Details
Year Built
Year Renovated
Listing Agency:
Equity Real Estate
Listed By:
The Evans Team
(385) 335-0618
Source:
Evansteamutah
Added: Oct 20
Changed: Nov 8
Last Checked: Nov 8 at 6:30AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Equity Real Estate
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Investment Insights
Based on property information with market context.
Built in 1959, this 9,000-square-foot apartment property comprises units with two bedrooms and one bathroom apiece. Each apartment includes a carport and a washer and dryer. Interior updates completed in 2024 and 2025 include new flooring, paint, and appliances; parking was resurfaced in 2025.
The property is near the Brigham City campus of Utah State University, an LDS temple, Smith’s supermarket, and Main Street. The owner’s stated utility responsibility is limited to trash removal. An assumable Freddie Mac loan carries a 5% fixed rate and expires in October 2031.
The property is near the Brigham City campus of Utah State University, an LDS temple, Smith’s supermarket, and Main Street. The owner’s stated utility responsibility is limited to trash removal. An assumable Freddie Mac loan carries a 5% fixed rate and expires in October 2031.
Key Highlights
- 9,000 square feet; built in 1959
- Each apartment has 2 bedrooms, 1 bathroom, a carport, and a washer and dryer
- Flooring, paint, and appliances updated in 2024 and 2025
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$81,817
Cap Rate
3.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,636,340
$1.6M
Cap Rate 7%
$1,168,814
$1.2M
Cap Rate 9%
$909,078
$909.1K
Market Conditions
NOI Build-Up for 9,000 SF
Gross rent
$158.8K $17.64/SF
− Vacancy
−$10.0K −$1.11/SF
EGI
$148.8K $16.53/SF
− OpEx
−$66.9K −$7.44/SF
NOI
$81.8K $9.09/SF
Area
Box Elder County, UT
Vacancy
6.30%
Lease Rate
$17.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,636,340
Cap Rate 7%
$1,168,814
Cap Rate 9%
$909,078
Alternative Uses
Best Use
Apartment 5plus
$1.17M
$1.02M – $1.36M
NOI $81,817 @ 7.0% cap · market cap 3.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.34M
$2.05M – $2.73M
NOI $163,604 @ 7.0% cap · market cap 6.45%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
668
Businesses Nearby
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Business Placement
Demographics for 84302, UT
26,564
Population
9,355
Households
2.8
Avg Household Size
34
Median Age
30%
College-Educated
93%
High-School Grad
79.5 sq mi
ZIP Area
334
Density / Sq Mi
$75,247
Median Household Income
$39,468
Median Earnings
$957
Median Rent
$343,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Each apartment has a two-bedroom, one-bath layout, carport, and in-unit washer and dryer.
Where is this apartment building located?
The property is located at 125 S 200 W Brigham City, UT.
What is the asking price?
The asking price for this property is $2,537,000.
What are key features of this property?
This property features: 9,000 square feet; built in 1959; Each apartment has 2 bedrooms, 1 bathroom, a carport, and a washer and dryer; Flooring, paint, and appliances updated in 2024 and 2025
