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Multifamily

Revive Apartments

295 E 800 S, Brigham City, UT 84302

Listing Price: $6,700,000

Cap Rate
5.70%
Number of Units
32
GRM
13.11
Price/Unit
$209,375
Price/Gross SF
$238.26
Gross SF
28,120

Investment Overview

Marcus and Millichap is pleased to present the exclusive listing of Revive Apartments, a fully renovated 32-unit multifamily opportunity. This complex contains a range of floor plans from studios to three bedrooms, each unit with generous square footage, top-end finishes, and large windows providing an abundance of natural light. All the major capital improvements were completed with longevity in mind – a new 20-year TPO roof, brand new electrical and plumbing, and new parking lots and landscaping just to name a few. Interior renovations include QPC flooring, new kitchens with solid wood slow-close cabinets and Moen faucets and valves, high-end new bathrooms, and new baseboard casing and doors.

Revive is one of the few market-rate apartment communities in Brigham City providing potential investors with consistent cash flow and strong future rent growth.

Residents and Investors alike benefit from the location of Revive Apartments. With its location in the heart of Brigham City, Utah, the property benefits from the economies of both Logan and Ogden, two rapidly developing markets in the state of Utah. Brigham City sees revenue from both cities while maintaining its status as a quiet small town.

Investment Highlights

  • Fully renovated inside and out with high-end finishes and longevity in mind.
  • Revive is one of the few market-rate apartment communities in Brigham City providing potential investors with consistent cash flow and strong future rent growth.
  • All major capital expenditures were completed with quality - roofs, plumbing, electrical, landscaping, etc.

Exclusively Listed By

  • Jacob J. Miles

    Senior Associate

    (801) 736-2654

    Email Jacob

    License(s): UT: 11449836-SA00, ID: SP53647

    Salt Lake City

  • Brock Zylstra

    Senior Vice President Investments

    (801) 736-2642

    Email Brock

    License(s): UT: 8726586-SA00, ID: SP47190

    Salt Lake City

  • Daniel Shin

    Senior Managing Director Investments

    (801) 736-2628

    Email Daniel

    License(s): UT: 6298928-SA00, ID: SP38035

    Salt Lake City

Multifamily

Revive Apartments

Listing Price: $6,700,000

Cap Rate
5.70%
Number of Units
32
GRM
13.11
Price/Unit
$209,375
Price/Gross SF
$238.26
Gross SF
28,120

Investment Highlights

  • Fully renovated inside and out with high-end finishes and longevity in mind.
  • Revive is one of the few market-rate apartment communities in Brigham City providing potential investors with consistent cash flow and strong future rent growth.
  • All major capital expenditures were completed with quality - roofs, plumbing, electrical, landscaping, etc.

Investment Overview

Marcus and Millichap is pleased to present the exclusive listing of Revive Apartments, a fully renovated 32-unit multifamily opportunity. This complex contains a range of floor plans from studios to three bedrooms, each unit with generous square footage, top-end finishes, and large windows providing an abundance of natural light. All the major capital improvements were completed with longevity in mind – a new 20-year TPO roof, brand new electrical and plumbing, and new parking lots and landscaping just to name a few. Interior renovations include QPC flooring, new kitchens with solid wood slow-close cabinets and Moen faucets and valves, high-end new bathrooms, and new baseboard casing and doors. Revive is one of the few market-rate apartment communities in Brigham City providing potential investors with consistent cash flow and strong future rent growth. Residents and Investors alike benefit from the location of Revive Apartments. With its location in the heart of Brigham City, Utah, the property benefits from the economies of both Logan and Ogden, two rapidly developing markets in the state of Utah. Brigham City sees revenue from both cities while maintaining its status as a quiet small town.

Exclusively Listed By

  • Jacob J. Miles

    Senior Associate

    (801) 736-2654

    Email Jacob

    License(s): UT: 11449836-SA00, ID: SP53647

    Salt Lake City

  • Brock Zylstra

    Senior Vice President Investments

    (801) 736-2642

    Email Brock

    License(s): UT: 8726586-SA00, ID: SP47190

    Salt Lake City

  • Daniel Shin

    Senior Managing Director Investments

    (801) 736-2628

    Email Daniel

    License(s): UT: 6298928-SA00, ID: SP38035

    Salt Lake City

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