620 600, Logan, UT 84321
23BD/—BA Residential in Logan, UT 84321. 18,000 sqft. Built 1967. Listed at $4,151,726. MLS #2139673.
23BD/—BA Residential in Logan, UT 84321. 18,000 sqft. Built 1967. Listed at $4,151,726. MLS #2139673.
Must be sold with Twin Terrace Apartments 620 E 600 N, Logan UT MLS # 2139743. The Scotsman Apartments, also right next to the USU Logan campus, was also originally built as a student housing community with a few units continuing to run like dorm suites. 17 X 1 bed / 1 bath 1 X 2 bed / 1 bath 2 X 2 bed / 2 bath suites, dorm style with 2 kitchens and 4 students per suite 1 laundry room with 2 washers and 2 dryers, included in rent. No coins. Potential income to replace with coin operated Laundry All units remodeled in 2024 or 2025 New roof in 2019, resurfaced parking in 2025 Tenants pay for water and electricity. The landlord pays gas. Landlord charges for WIFI providing an additional revenue stream Assumable FHA loan through Arbor Financial Group, 3.8% fixed interest, expires 2035 Market rents $1,300. Currently collecting $1,100 for the 17 1 bed/1bath units.
Property Type
Residential
Property Style
> 4 Units
Architectural Style
Stories: 3
Subdivision
TWIN TERRACE VILLAGE
County
Cache
Zoning
Multi-Family
Construction
Composition
Lot Size
0.5 sq ft
Condition
Blt./Standing
MLS #
2139673
Property Type
Residential
Property Style
> 4 Units
Architectural Style
Stories: 3
Subdivision
TWIN TERRACE VILLAGE
County
Cache
Zoning
Multi-Family
Construction
Composition
Lot Size
0.5 sq ft
Condition
Blt./Standing
MLS #
2139673
List Price
$4,151,726
Original Price
$9,937,498
Annual Taxes
$11,018
Home Warranty
No
List Price
$4,151,726
Original Price
$9,937,498
Annual Taxes
$11,018
Home Warranty
No
Heating
Electric,Gas: Central
Roof
Asphalt
Flooring
Laminate,Tile
Materials
Composition
Water Source
Culinary,Secondary
Sewer
Sewer: Connected
Heating
Electric,Gas: Central
Roof
Asphalt
Flooring
Laminate,Tile
Materials
Composition
Water Source
Culinary,Secondary
Sewer
Sewer: Connected
Covered Spaces
0
Total Parking
0
Covered Spaces
0
Total Parking
0
Why this is a deal
Classification
Standard
Deal Score
100/100
vs Similar Homes
152% above
vs Market Median
31% above
Price Reduced
58.2%
Area Growth (YoY)
6.0%
Deal Score Breakdown
100/100 · 2 qualifying signals
58% price reduction from original list — seller may be motivated
6.0% year-over-year ZHVI growth in this area
Priced 152% above the median of similar listings
Priced 31% above the per-subtype city median
STR net cashflow -$24,874/mo (-91.1% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Ensemble scoring: the best single signal sets the floor, secondary qualifying signals (≥60) each add 5 points up to +20. A home that strongly wins on one dimension is already a great deal — it doesn't need to tick every box.
Why this classification
Est. Annual Revenue
$41,503/yr
$143/night · 57% occupancy · $46/bedroom · $0.08/sqft
Net Monthly Cash Flow
−$24,874 /mo (−$298,487/yr)
Monthly STR income
Monthly ownership cost
Coverage
13%
Net /mo
−$24,874
DSCR
0.12
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$425,000
+877% vs median
55 days
146
$214,900 – $4,190,000
$11,018
Moderate
9.9
per 1,000
18.3
per 1,000
13.7
per 1,000
41.9
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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