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410 N Main St

Brigham City, UT 84302
  • $3,750,000
  • STATUS: Active
  • ON SITE: 108 Days
  • ID#: 1980144
Price Reduced
$3,750,000
  • 68
    BEDS
  • 3.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 18,500
    SQFT
  • $203
    $/SQFT
Type:
Multi-Family
Built:
1963
County:

School Information

Middle School:
High School:
School District:

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 home starting June 1, 2024, with the 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. Possible partial Seller Financing considered.

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Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2024-05-26T22:41:13.477. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
www.thefieldsteam.com/homes/147410927
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410 N Main St Brigham City, UT 84302

  • Price: $3,750,000
  • Status: Active
  • On Site: 108 Days
  • ID#: 1980144
68
Beds
0
Baths
0
½ Baths
3.09
Acres
18,500
SQFT
$203
$/SQFT
1963
Built
Neighborhood:
Brigham City; Perry; Mantua
County:
Box Elder
Area:
Brigham City; Perry; Mantua
Middle School:
Box Elder
High School:
Box Elder
School District:
Box Elder
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 home starting June 1, 2024, with the 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. Possible partial Seller Financing considered.
Exterior Features

Architectural Style Other/See Remarks Attached Garage YN No Carport YN No Construction Status Blt./Standing Covered Spaces 0 Frontage Length 0.0 Garage YN No Horse Property YN No Lot Size Dimensions 0.0x0.0x0.0 Mobile Length 0 Mobile Width 0 Open Parking YN No Parking Total 0 Pool Private YN No RVParking Dimensions 0.00 Spa YN No View YN No Waterfront YN No

Interior Features

Bathrooms Partial 0 Bathrooms Total 37 Building Area Total 18500 Cooling YN No Fireplace YN No Heating YN False Rooms Total 0

Property Features

Association YN No Cross Street 0 Current Use Residential Irrigation Water Rights Acres 0 Lease Considered YN No Listing Terms CashCommercial Fin. Req.ConventionalExchangeOwner 2ndSeller FinanceSeller Will Subordinate New Construction YN No Property Attached YN No Property Condition Blt./Standing Property Sub Type > 4 Units Senior Community YN No Sewer Sewer: Connected Tax Annual Amount 9086 Utilities Natural Gas ConnectedElectricity ConnectedSewer ConnectedWater Connected Water Source Culinary

Listing provided courtesy of Great Work Realty, PLLC: 801-396-0620. Information deemed reliable but not guaranteed accurate. Buyer to verify all information. © 2024 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved.


Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2024-05-26T22:41:13.477. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
 
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