Newmark Mountain West is pleased to present this 10-unit multifamily sale in Brigham City, Utah. Located near the Brigham City, Utah State Campus and having been fully remodeled, with new kitchen appliances, bathroom fixtures, paint and flooring. At $2.537 million, which is a 5.5% cap rate on the existing NOI the price per unit is just over $211,000. The current owner has kept the apartments 100% occupied for many years, with little to no downtime between tenants and with rents maintained on the low end of the market. There is an opportunity to raise rents incrementally and capture upside. The proforma cap rate, at market rents is 6.56%. Horseshoe Apartments Within a short distance of the Brigham City Campus of USU, a block from the LDS Temple, Smith’s supermarket and the historical Main Street, the Horseshoe Apartments house working families All units are 2 bed/1 Bath with a carport Remodeled with new flooring, paint and appliances in 2024 and 2025 Resurfaced parking in 2025 Washer and Dryer Provided for each unit Landlord pays only for trash removal Assumable Freddie Mac loan at 5% fixed interest, expires October 2031 Landlord currently collecting $1,200, market rent is $1,400