801-922-0662
415 Suncrest Ln, Logan, UT for Sale
Apartments - FOR SALE
1/55
null | Request Cap Rate

415 Suncrest Ln
Logan, UT 84341
Bridger


HIGHLIGHTS

  • Excellent Location, Minutes from Dining, Shopping, and Major Employers
  • Light Value-add Component
  • 3.1% YOY Rent Growth in Logan Market
  • 2.3% Market Average Vacancy Rate
  • Strong Job Market, Wage Growth, and Low Unemployment at 2.9%
  • Cache County population up ~30% since 2010

OVERVIEW

Welcome to Logan Gateway Apartments & Townhomes—128 units built in twenty fifteen and twenty eighteen. The community features 84 spacious three-bed, two-bath apartments and 44 three-bedroom townhomes with attached garages. Logan anchors northern Utah’s economy and benefits from its proximity to both the Salt Lake Metro and southern Idaho. The market is powered by Utah State University and a diversified employer base—including Space Dynamics Laboratory, iFIT, Cytiva, Thermo Fisher Scientific, Gossner Foods, Oatly, Conservice, and more. Logan’s mature and diversified economy provides a stable demand base throughout economic cycles. It ranked #1 in 2022 and #2 in 2023 among Milken’s Best-Performing Small Cities. People are drawn to Logan because of economic opportunity and high quality of life. The population has grown ~30% since 2010, and the labor market remains tight with unemployment around 2.9%. A young, highly educated workforce with a median age of 27.4 sustains renter demand and keeps the talent pipeline for employers full. Like many high-growth markets, housing supply is tight. Buying a home is nearly twice as expensive as renting, and home prices are up 6.7% year-over-year. Apartment occupancy averages 97%, with rents up 3.2% YoY. At Logan Gateway, residents enjoy a clubhouse with a fireplace, business center, sparkling pool, pet park, covered parking, and more. Inside, units feature oversized floor plans, granite countertops, modern finishes, and washer-dryer hookups. The property is minutes from major shopping, dining, and recreation. Residents can also utilize Logan’s zero-fare public transit and short, valley-wide commutes that keep daily living costs and time burdens low. Don’t miss this opportunity to invest in Logan, Utah—a market known for economic resilience, strong employment anchors, rising incomes, and lifestyle appeal. Logan Gateway offers stable, long-term fundamentals in one of the Mountain West’s best kept secrets.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

128

CAP RATE

Request Cap Rate

% LEASED

98%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Logan Gateway Apartments & Townhomes

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2015

PARKING SPACES

316

LAND DETAILS

LAND ACRES

9.56 AC

LAND SF

416,434 SF

ZONING

MR-20

APN/PARCEL ID

04-081-0014,04-081-0032

ASK ABOUT THIS PROPERTY

Andrew WadsworthWadsworth MultifamilyMore Info
801-922-0662

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Andrew WadsworthWadsworth MultifamilyMore Info
801-922-0662

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.