Log In/Sign Up
Your email has been sent.
295 E 800 S
Brigham City, UT 84302
Revive Lofts Apartments · Multifamily Property For Sale
·
32 Units
Investment Highlights
- Proforma Cap Rate 6.5%
- Completely gutted and remodeled with new wiring, plumbing, windows and mechanical equipment
- Resurfaced parking in 2025
- Assumable Freddie Mac loan at 5% fixed interest, expires October 2031
- Exceptional interior finishes, new kitchens, new cabinets and new appliances, and new fixtures including sinks, vanities, tubs and toilets
Executive Summary
Only a few blocks away from the Brigham City Campus of USU, the Revive Lofts community houses families within its large units.
8 X 3 bed/1 bath (washer/dryer in unit) 8 large 2 beds/1bath, 4 standard sized 2 beds/1bath,
8 x 1 bed/1bath (washer/ dryer in unit) and 4 studios/1 bath
4 Washers / 4 Dryers no coins. Potential income to replace with coin operated
From 2022-2024 the complex was completely gutted and remodeled with new wiring, plumbing, windows and mechanical equipment. Exceptional interior finishes, new kitchens, new cabinets and new appliances, and new fixtures including sinks, vanities, tubs and toilets. Its is virtually a 2024 apartment complex.
Resurfaced parking in 2025
Tenants pay their own heating and electricity. Landlord covers all other utilities
Landlord charges for WIFI providing an additional revenue stream
Assumable Freddie Mac loan at 5% fixed interest, expires October 2031
Market rents: 3 beds $1,800, 2 beds $1,600 and 1 beds $1,400. Currently collecting approximately $300 less than market rents
8 X 3 bed/1 bath (washer/dryer in unit) 8 large 2 beds/1bath, 4 standard sized 2 beds/1bath,
8 x 1 bed/1bath (washer/ dryer in unit) and 4 studios/1 bath
4 Washers / 4 Dryers no coins. Potential income to replace with coin operated
From 2022-2024 the complex was completely gutted and remodeled with new wiring, plumbing, windows and mechanical equipment. Exceptional interior finishes, new kitchens, new cabinets and new appliances, and new fixtures including sinks, vanities, tubs and toilets. Its is virtually a 2024 apartment complex.
Resurfaced parking in 2025
Tenants pay their own heating and electricity. Landlord covers all other utilities
Landlord charges for WIFI providing an additional revenue stream
Assumable Freddie Mac loan at 5% fixed interest, expires October 2031
Market rents: 3 beds $1,800, 2 beds $1,600 and 1 beds $1,400. Currently collecting approximately $300 less than market rents
Property Facts
| Price Per Unit | $371,467 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 2.17 AC |
| Cap Rate | 5.59% | Building Size | 28,792 SF |
| No. Units | 32 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1951/2024 |
| Apartment Style | Garden | Parking Ratio | 2.01/1,000 SF |
| Zoning | R-M-15 - Residential Multiple - 15 Units/Acre | ||
| Price Per Unit | $371,467 CAD |
| Sale Type | Investment |
| Cap Rate | 5.59% |
| No. Units | 32 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 2.17 AC |
| Building Size | 28,792 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1951/2024 |
| Parking Ratio | 2.01/1,000 SF |
| Zoning | R-M-15 - Residential Multiple - 15 Units/Acre |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Washer/Dryer
- Heating
- Kitchen
- Refrigerator
- Stainless Steel Appliances
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 12 | - | 524 - 731 |
| 2+1 | 12 | - | 710 - 947 |
| 3+1 | 8 | - | 1,320 |
Property Taxes
| Parcel Number | 03-215-0003 | Improvements Assessment | $3,660,789 CAD |
| Land Assessment | $776,780 CAD | Total Assessment | $4,437,569 CAD |
Property Taxes
Parcel Number
03-215-0003
Land Assessment
$776,780 CAD
Improvements Assessment
$3,660,789 CAD
Total Assessment
$4,437,569 CAD
1 of 19
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
