Wholesale - Great 3/1 Rental in Logan Utah

[Drew Clements]

We are selling our Assignable Real Estate Purchase Contract on this property:

Property Address: 270 W 400 S, Logan UT 84321

• 3 Bed.
• 1 Bath.
• 1-car attached garage (possibly a tandem).
• 1183 Square Feet (figure from county records, doesn’t include unfinished basement square footage ~150 SqFt).
• Built in 1950.
• Brick exterior.
• .28 acre lot.
• Covered patio.
• Fenced back yard.
• Shed.
• Dog run.
• Fruit trees.

This property would make an excellent rental and demand is high in Logan. And the location couldn’t be better! Rural feel (property is surrounded by pasture) but is within easy walking distance (only a couple of blocks) from fairgrounds, aquatic center, schools, zoo, parks and restaurants!

The house needs work, but the brick rambler bones are good. Repair estimates as a rental are $15k, higher for a flip.

• Sewer was replaced last year.
• Sprinklers in front yard repaired last year.
• Pipe is in for sprinklers in back yard (half closest to the house), but not connected.
• Water heater currently leaks, but seller said it’s less than 5 years old.
• Roof needs replaced.
• Minor settling on SE corner.
• Interior cosmetic repairs at your discretion.

After Repaired Value is $140k

Asking price is $108,000 OBO.

$2,000 non-refundable deposit due upon execution of Assignment contract (to be deposited with Advance Title of Logan).

• Buyer agrees to pay for Owner’s Policy.
• Cash or private/hard money only.
• $500 earnest money will be credited to final buyer.
• Settlement on or before June 30.
• Closing with Advanced Title of Logan.

Watch the walk-through video.

Contact us if interested:

Drew Clements, Manager, Bear River Capital, LLC

DBA BearRiverHomeBuyers.com

435-535-1530 (voice/text)

[email protected]

Bear River Capital, LLC serves the real estate needs of investors, buyers, and sellers in all of Northern Utah. Please reach out if you have any questions or would like to explore working with us!

*Principles of Bear River Capital are licensed real estate agents in the state of Utah. Associated with Equity Real Estate.