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415 Suncrest LnLogan, UT 84321
Logan Gateway Apartments & Townhomes
Asset ClassMultifamily
# Units128
AVG SF: 1,248Occupancy: 96.9%# Units: 128Access Data Room
Logan, Utah—Utah's Best Kept Secret
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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. 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.

 

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.

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Investment Highlights

Year Built
2018

CORE+ OPPORTUNITY

  • Excellent Location, Minutes from Dining, Shopping, and Major Employers
  • Light Value-add Component
  • Spacious Three-Bedroom Units: - 84 Three Bedroom Units (stacked flats) built in 2015 - 44 Three Bedroom, Two-story Townhomes with attached garages built in 2018
  • 3.1% YOY Rent Growth in Logan Market
  • 2.3% Market Average Vacancy Rate
  • Single-family Home Prices up 6.6% YOY as of August 2025
  • 1.7 times more expensive to buy a home than to rent in the Logan area

PART OF THE ROBUST LOGAN UTAH MARKET

  • Strong Job Market, Wage Growth, and Low Unemployment at 2.9%
  • Cache County population up ~30% since 2010
  • Population is Projected to Double by 2050 (Kem C. Gardner Institute)
  • Recession-Resilient Market with Historically Shallower Downturns and Faster Recoveries vs. the U.S
  • Benefits from both Utah and Idaho's Strong Economies
  • 50,000+ Jobs within a 5 Mile Radius Including Major Employers such as Utah State University, Conservice, Logan Regional Hospital, Gossner Foods, and Icon
  • Logan ranked #1 (2022), #2 (2023), #15 (2024)—a strong multi-year track record for economic performance—in Milken’s Best-Performing Cities (small metros)

Property Highlights

Logan Gateway
Price
Market
Address
415 Suncrest Ln, Logan, UT 84321
Year(s) Built
2015 & 2018
Building Type
3-Story Garden Style & 2-Story Townhomes
Total Units
128 Units
Avg Unit Size
1,248 SqFt
Acreage
9.56 Acres
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415 Suncrest LnLogan, UT 84321

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Listing provided by Revere CRE