410 North Main Street Brigham City, UT 84302

$3,950,000
68
Beds
37
Baths
3.09
Acres
18,500
SQFT
214
$/SQFT
$3,950,000
68
Beds
37
Baths
18,500   sf
$214 / sf
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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.

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.

  • Neighborhood
  • Type
  • Total Baths
  • County
    Box Elder
  • Area
    Brigham City; Perry; Mantua
  • Tax Amount
    $9,086
  • Status
    Active
  • Listing #
    1980144
  • Built
    1963
  • Lot Size
    3.09
  • Listed on site
    80 days
  • Acres Range
    3.09

Listed by:

Source:
Utah Real Estate

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School Info

Property details

Community Features

  • No HOA

Exterior features

  • No Pool
  • Parking - RV / Boat

Financing

  • Cash
  • Conventional Financing
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