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5005 N Edgewood Dr
Provo, UT 84604
Riverwoods Retail · Multifamily Property For Sale · 106 Units

PROPERTY FACTS

No. Units 106
Property Type Multifamily
Property Subtype
Apartment
  • Flex Showroom
Apartment Style Garden
Building Class B
Lot Size 0.22 AC
Building Size 3,620 SF
No. Stories 1
Year Built/Renovated 2002/2015
Tenancy Single
Parking Ratio 0.07/1,000 SF
Zoning C

ABOUT 5005 N EDGEWOOD DR , PROVO, UT 84604

YouTube drone video link of the units can be found at https://www.youtube.com/watch?v=uXKq6KvEIVk&list=PL_4IMxs6tKcSviOTtozb4R7H6fsahvwPl&index=12&t=0s This commercial retail unit is turn-key ready. Owners are willing to sell 1, 2, 3, or 4 units that are similar in size and exact in respect to yearly net income ($11,786). There is nothing wrong with the property and each unit is fully leased. Owners are older/wiser in age and would like to focus their efforts in other endeavors that would give them more time with family/friends. All four units are next to each-other and each unit has a tenant that has a year left remaining on their lease. Current Tenants are: #5099 - LeBlast (Office) - This is the office space for the company. LeBlast offers dance instruction for anyone who wants to dance. See their website at https://lablastfitness.com/ #5101 - Studio Physique's - This is a Pilates studio studio which caters to the high end client. #5107 - Timpanogos Storytelling Festival (Office) - This is the office space for the company. They are a national story telling company. See their website at https://timpfest.org/. #5109 - Ant Hill Retail - This is their company office space. They are a global retail brand powerhouse. See their website at https://www.anthillretail.com/... This Tenant has given the Landlord their 30 day notice so this unit will be vacant (if another tenant is not found) mid July. This unit will become available to rent mid-July. Rent will be $1,300 per month Modified Gross.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 54-166-0157
  • 54-178-0032
  • 54-178-0025
  • 54-178-0027
  • 54-178-0028
  • 54-178-0031
  • 54-178-0035
Land Assessment
$56,500
Improvements Assessment
$2,290,600
Total Assessment
$2,347,100
  • Listing ID: 12588414

  • Date on Market: 5/16/2018

  • Last Updated:

  • Address: 5005 N Edgewood Dr, Provo, UT 84604

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