410 N MAIN ST Active

Brigham City,UT 84302

$ 3495000

68 Beds

37 Baths

18500 SqFt


Key Details

Property Type Multi-Family

Sub Type > 4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 18,500 sqft

Price per Sqft $188

MLS Listing ID 1980144

Bedrooms 68

Year Built 1963

Annual Tax Amount $9,086

Lot Size 3.090 Acres

Property Description

Fantastic opportunity to purchase a rare, full-occupancy mobile home community in Brigham City. The property has 37 leased units, including 34 mobile homes, a single-family home, and 2 commercial/retail units. The community is owner-occupied, and no rentals are currently allowed. Lot rent is $515 per month, with tons of upside in a new owner implementing water/trash passthrough billing, bringing in Fiber Internet, and raising the lot rent to market rate. Current ownership has done extensive capital improvement projects and cleared the path for a Buyer to come in and cashflow from day one. Potential redevelopment of the ~3.09 acres is possible, and the property is a perfect opportunity to collect rent while working through entitlements.

Location

State UT

County Box Elder

Area Brigham City; Perry; Mantua

Exterior

Utilities Available Natural Gas Connected,Electricity Connected,Sewer Connected,Water Connected

View Y/N No

Building

Sewer Sewer: Connected

Water Culinary

New Construction No

Schools

Middle Schools Box Elder

High Schools Box Elder

School District Box Elder

Others

Acceptable Financing Cash,Commercial Fin. Req.,Conventional,Exchange

Listing Terms Cash,Commercial Fin. Req.,Conventional,Exchange

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