747 S Main St, Brigham City, UT 84302
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.