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1801 N 950 W
Provo, UT 84604
Grandview Manor · Multifamily Property For Sale
·
72 Units
Investment Highlights
- Value-Add Investment Opportunity: Offers significant potential for enhancement and returns.
- High Barrier-to-Entry Neighborhood: Protected from new construction, ensuring stable demand.
- Nearby Universities: Close to Brigham Young University and Utah Valley University, attracting approximately 82,000 students collectively.
- Recent Major Improvements: The exterior has been attractively updated, and a new parking lot has been added as of last year.
- Robust Renter Pool: 52% of housing units are renter- occupied, indicating strong rental demand.
Property Facts
| No. Units | 72 | Building Size | 53,400 SF |
| Property Type | Multifamily | Average Occupancy | 99% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1973/2019 |
| Building Class | B | Parking Ratio | 2.3/1,000 SF |
| Lot Size | 2.14 AC | ||
| Zoning | RC - RC Zoning | ||
| No. Units | 72 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 2.14 AC |
| Building Size | 53,400 SF |
| Average Occupancy | 99% |
| No. Stories | 3 |
| Year Built/Renovated | 1973/2019 |
| Parking Ratio | 2.3/1,000 SF |
| Zoning | RC - RC Zoning |
Amenities
Unit Amenities
- Heating
- Tile Floors
- Kitchen
- High Speed Internet Access
- Oven
- Tub/Shower
- Carpet
- Vinyl Flooring
- Window Coverings
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Picnic Area
- Playground
- Property Manager on Site
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | 600 |
| 2+1 | 68 | - | 750 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $10,086,800 | |
| Land Assessment | $1,977,100 | Total Assessment | $6,635,145 |
Property Taxes
Parcel Numbers
Land Assessment
$1,977,100
Improvements Assessment
$10,086,800
Total Assessment
$6,635,145
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