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360 N 400 W - Hyrum 12 Unit Apartment Complex 12 Unit Apartment Building Offered at $3,168,779 CAD at a 5.32% Cap Rate Hyrum, UT 84319

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EXECUTIVE SUMMARY

Incredible investment opportunity in Hyrum! This deal includes three 4-plexes (12 units total) that are currently fully leased, providing immediate income. The property sits on a massive 2.5-acre lot featuring a large horse pasture.
HUGE UPSIDE: The lot size meets the criteria for a Planned Unit Development (PUD), giving the new owner the potential to build additional units and maximize the investment.
12 Units (3 Buildings)
Fully Leased
2.5 Acres Zoning/Land Use: Meets PUD minimums for expansion.
Perfect for the investor looking for stability today and growth tomorrow. Buyer to verify all development potential with Hyrum City. Financials available upon request.

ATTACHMENTS

2025 Financials

PROPERTY FACTS

Price $3,168,779 CAD
Price Per Unit $264,065 CAD
Sale Type Investment
Cap Rate 5.32%
Gross Rent Multiplier 13
No. Units 12
Property Type
Multifamily
  • Multifamily Apartments
Apartment Style Townhome
Lot Size 2.50 AC
Building Size 11,382 SF
Average Occupancy 93%
No. Stories 2
Year Built 1993
Parking Ratio 1.93/1,000 SF
Zoning R-2
  • Listing ID: 38835384

  • Date on Market: 2025-12-19

  • Last Updated:

  • Address: 360 N 400 W, Hyrum, UT 84319

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