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Multifamily Property with Storage

679 S 200 E, Brigham City, UT 84302

For Sale
$6,900,000

Residential, Brigham City, UT

Property Size48,384 SF
Lot Size2.00 Acres
Price / SF$142.61
Days on Market93

Property Features for 679 S 200 E

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Multi-Family
Bedrooms 76
Bathrooms 38
Full bathrooms 38
Rooms Bathroom 7, Bedroom 36, Bedroom 67, Bathroom 12, Bedroom 60, Bedroom 58, Bedroom 49, Bedroom 5, Bedroom 37, Bedroom 45, Bathroom 23, Bathroom 24, Bedroom 2, Bedroom 24, Bedroom 70, Bathroom 22, Bathroom 33, Bedroom 4, Bedroom 11, Bathroom 4, Bedroom 63, Bedroom 76, Bedroom 66, Bedroom 26, Bedroom 51, Bedroom 44, Bathroom 6, Bedroom 57, Bathroom 21, Bedroom 54, Bedroom 29, Bedroom 13, Bedroom 65, Bedroom 42, Bathroom 29, Bedroom 72, Bedroom 39, Bedroom 32, Bedroom 40, Bedroom 56, Bedroom 47, Bedroom 20, Bathroom 17, Bedroom 28, Bathroom 13, Bedroom 9, Bathroom 37, Bathroom 11, Bathroom 10, Bathroom 26, Bedroom 68, Bathroom 18, Bedroom 21, Bedroom 52, Bedroom 27, Bedroom 12, Bedroom 14, Bathroom 1, Bedroom 73, Bedroom 69, Bathroom 20, Bathroom 14, Bedroom 23, Bedroom 46, Bathroom 35, Bathroom 9, Bedroom 3, Bedroom 59, Bathroom 31, Bedroom 7, Bathroom 34, Bedroom 61, Bedroom 8, Bedroom 48, Bedroom 22, Bathroom 38, Bedroom 31, Bedroom 25, Bedroom 30, Bathroom 25, Bathroom 3, Bedroom 35, Bedroom 50, Bedroom 38, Bathroom 19, Bedroom 34, Bedroom 43, Bedroom 18, Bedroom 55, Bathroom 28, Bedroom 1, Bathroom 5, Bathroom 27, Bedroom 62, Bedroom 10, Bedroom 16, Bedroom 64, Bedroom 53, Bathroom 2, Bathroom 8, Bedroom 41, Bedroom 33, Bathroom 15, Bathroom 30, Bathroom 32, Bedroom 75, Bedroom 15, Bedroom 17, Bedroom 71, Bedroom 19, Bathroom 16, Bathroom 36, Bedroom 6, Bedroom 74
Parking 40
Window features Blinds
Patio and Porch features Porch
Interior features Disposal, Range/Oven: Free Stdng., Dishwasher: Built-In
Exterior features Double Pane Windows, Out Buildings, Porch: Open
Lot features Corner Lot, Curb & Gutter, Road: Paved, Secluded, Sidewalks, Sprinkler: Auto- Full, View: Mountain
Elementary school Mountain View
Middle school Box Elder
High school Box Elder
Elementary school district Box Elder
Middle school district Box Elder
High school district Box Elder
Subdivision Brigham City; Perry; Mantua
Standard status Active
APN 031400048
Size 48,384 SF
Lot size 2.00 Acres

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes

Taxes and HOA fees

Tax Annual Amount 32647

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Central, Forced Air

Amenities

playground
gazebo
laundry facility

Building Details

Year built 1944
Number of units 38
Flooring type Linoleum, Tile, Carpet
Building materials Brick
Roof type Asphalt
Buildings 9
Listing Agency: Besst Realty Group LLC
Listed By: Rebecca Cammack
Added: Aug 13 Changed: Nov 11 Last Checked: Nov 13 at 11:06PM
MLS# 2178515

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Rey
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Investment Insights

Based on property information with market context.

This Multi-Family-zoned property contains 48,384 square feet across approximately 2 acres in Brigham City. The residential component includes seven four-unit buildings and two five-unit buildings, along with a 2,280-square-foot manufactured home with four bedrooms. Twenty separately rented storage sheds, a laundry facility, and an on-site management office add functional support and additional income-producing components.

Originally built in 1944, the property has received substantial updates. Nearly every unit has been renovated, with many featuring newer appliances. Other improvements include double-pane windows, replacement exterior doors, and roofs replaced within the past 10 years. Brick construction, asphalt roofing, forced-air natural gas heating, public sewer, green space, on-site parking, a playground, and a gazebo are also part of the property.

Key Highlights

  • 48,384‑square‑foot multifamily property on approximately 2 acres
  • Seven buildings contain 4 units each; two additional buildings contain 5 units each
  • Includes a 2,280‑square‑foot manufactured home with 4 bedrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$439,848
Cap Rate
6.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,796,960 $8.8M
Cap Rate 7%
$6,283,543 $6.3M
Cap Rate 9%
$4,887,200 $4.9M
Market Conditions
NOI Build-Up for 48,384 SF
Gross rent
$853.5K $17.64/SF
− Vacancy
−$53.8K −$1.11/SF
EGI
$799.7K $16.53/SF
− OpEx
−$359.9K −$7.44/SF
NOI
$439.8K $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%
$8,796,960
Cap Rate 7%
$6,283,543
Cap Rate 9%
$4,887,200

Alternative Uses

Best Use
Apartment 5plus
$6.28M
$5.50M – $7.33M (±1% cap)
NOI $439,848 @ 7.0% cap · market cap 6.37%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$12.56M
$10.99M – $14.66M (±1% cap)
NOI $879,538 @ 7.0% cap · market cap 12.75%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

39
Residential units

Location Intelligence

Trade Area within ½ mile

420
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Multi-Family-zoned community with residential buildings, a manufactured home, storage sheds, laundry, and management space.
Where is this apartment building located?
The property is located at 679 S 200 E Brigham City, UT.
What is the asking price?
The asking price for this property is $6,900,000.
What are key features of this property?
This property features: 48,384‑square‑foot multifamily property on approximately 2 acres; Seven buildings contain 4 units each; two additional buildings contain 5 units each; Includes a 2,280‑square‑foot manufactured home with 4 bedrooms
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