Log In/Sign Up
Your email has been sent.
457 S 500 E
Provo, UT 84606
Multifamily Property For Sale
·
6 Units
Executive Summary
SIGNIFICANT VALUE-ADD 6-PLEX CASH COW OPPORTUNITY in Provo, BYU market (5.86% cap potential), simply by increasing rents (which are BELOW MARKET)! UPDATED: kitchens, bathrooms, flooring, fixtures, etc! Tenants currently enjoy use of a secure, free laundry area in basement of neighboring 6-plex. LOCATION: near BYU, with quick access to I-15 & Provo downtown entertainment, restaurants, & shopping. Purchase the neighboring 6-plex (same seller) for operational efficiencies! 5 1-bed units; 1 2-bed unit. Square footage per county records. Buyer/agent to verify all. Do not disturb tenants; offer subject to inspection.
Property Facts
| Price Per Unit | $158,333 | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 5.86% | Lot Size | 0.17 AC |
| Sale Condition | 1031 Exchange | Building Size | 3,278 SF |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1925 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Price Per Unit | $158,333 |
| Sale Type | Investment |
| Cap Rate | 5.86% |
| Sale Condition | 1031 Exchange |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 3,278 SF |
| No. Stories | 2 |
| Year Built | 1925 |
| Opportunity Zone |
Yes |
Property Taxes
| Parcel Number | 05-048-0010 | Improvements Assessment | $739,500 |
| Land Assessment | $313,400 | Total Assessment | $579,095 |
Property Taxes
Parcel Number
05-048-0010
Land Assessment
$313,400
Improvements Assessment
$739,500
Total Assessment
$579,095
1 of 22
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
