Property summary
This exceptional investment opportunity presents a brand-new, five-building, 165-unit Class A apartment complex in Brigham City, Utah. Located on Main Street, this 2025-built property boasts 198,681 square feet, with 161,192 square feet of net rentable space. The property sits on a 6.7-acre lot and includes 255 parking spaces. Each of the three-story buildings offers modern amenities and design features, catering to today's discerning renter. The property's prime location provides easy access to shopping, dining, and historical sites. With a strong NOI of $2,653,620 and a 4.50% cap rate, this property offers a compelling return on investment. The asking price is $58,969,339, translating to $357,390 per unit and $296.80 per square foot. The property is zoned P-R-M-30 and features a high-demand location in a rapidly growing market, making it an ideal investment for those seeking significant returns. This is a rare opportunity to acquire a landmark property in a thriving Utah community. The property's size and modern design, combined with its strategic location, make it a highly attractive investment prospect. The strong rental demand in Brigham City, coupled with the property's high-quality construction and amenities, ensures a stable and profitable future. This is a unique chance to own a piece of Brigham City's burgeoning growth.
Property profile
VerifiedCap rate & NOI
Current use
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Apartment Complex
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Brigham City market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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