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640 E 600 N photo 11 / 20

$10,843,273

640 E 600 N, Logan, UT 84321

Units

45

Price/Unit

$240,962

Price/Sqft

$546

Est Gross Yield

4.9%

$527,040/yr est.

Property Details

Property typeMultifamily
Year built1967
Total units45
Living area19,860 sqft
Bedrooms45
Bathrooms45
Lot size1.47 acres
Parking45 spaces
Days on market152
Listed2026-02-27T00:00:00+00:00

Unit Mix

TypeCountBedsBathsSqftRent/Mo
1BR / 1BA3911441$1,200/mo
2BR / 1BA221441$2,200/mo
2BR / 1BA221441$1,200/mo
5BR / 2BA152441$3,700/mo
Total44524519,404$57,300/mo

Unit mix data is reported by the seller or listing agent through the MLS and may be inaccurate or incomplete. Buyers should independently verify all information and conduct their own due diligence before making any investment decisions.

Description

Must be Sold with the Scotsman 620 E 600 N, Logan, UT MLS# MLS# 2139673 39 X 1 bed / 1 bath 2 X 2 bed / 1 bath 2 X 2 bed / 1 bath furnished (4 students, shared bedroom) 2200 1 X 4 bed / 1 bath furnished (4 students/4 private bedroom) 1 X 5 bed / 1 full bath and 1.5 bath furnished (6 students 4 private/1shared bedroom) *8 Washers / 8 Dryers. No coins. Potential income to replace with coin operated Laundry All units have been remodeled in 2024 or 2025 New roof in 2024 and resurfaced parking in 2025 Landlord charges for WIFI providing an additional revenue stream All leases are 12-month terms Assumable FHA loan through Arbor Financial Group, 3.8% fixed interest, expires 2035 Market rates $1,400. Currently collecting $1,200 for the 39 X 1 bed/1 bath units

Listed by Chester Barber · Newmark Mountain West

Location

640 E 600 N, Logan, UT 84321

Proforma

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Cap Rate

3.23%

Cash-on-Cash

-3.87%

Cash Flow

-$13,113/mo

Purchase Price$10,843,273
Down Payment35% ($3,795,146)
Interest Rate6.00%
Monthly Rent$43,825/mo
Vacancy5%
Expense Ratio30% ($149,882)

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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.

DISCLAIMER: The information provided on this website, including property details, pricing, projections, and availability, is for informational purposes only and may change without notice. While Canovo Group, LLC strives to maintain accurate and up-to-date information, we do not guarantee its completeness or accuracy. Users should independently verify all information and property details, including availability and any leasing conditions, with the listing agent or property owner before making any decisions. Canovo Group, LLC is not responsible for any errors, omissions, or third-party content and makes no representations or warranties regarding the properties listed. Neither Canovo Group, LLC nor its affiliates are acting as your real estate agent or broker, nor do we represent or endorse any properties or parties unless expressly stated in a separate written agreement. This website is not an offer or solicitation to buy, sell, or lease any property. All transactions are the sole responsibility of the parties involved.

© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 7/29/2026, 11:11:07 PM. 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. Listing data provided by UtahRealEstate.com.