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69-77 E Center St 21 Unit Apartment Building $1,500,000 ($71,429/Unit) Provo, UT 84606
Investment Highlights
- Fully entitled + shovel-ready
- Signature views + walkability
- Prime DT1 downtown Provo zoning
- Built-in access and demand drivers
Executive Summary
Approved mixed-use development opportunity in the heart of downtown Provo. This shovel-ready, 23,150 SF planned project is fully entitled for a DT1-zoned building featuring 20 condo residences with a rooftop deck, plus 4,000 SF of street-level commercial space.
Positioned for standout appeal with incredible Provo Temple views and walkable access to restaurants, shopping, parks, comedy clubs, arts venues, and event centers. The site sits in a tax-advantaged Opportunity Zone and is framed by an apartment building and record store, with a public parking structure directly behind—supporting strong visibility, built-in demand, and convenient access. Buyer can move forward with the approved plans or submit new concepts.
Positioned for standout appeal with incredible Provo Temple views and walkable access to restaurants, shopping, parks, comedy clubs, arts venues, and event centers. The site sits in a tax-advantaged Opportunity Zone and is framed by an apartment building and record store, with a public parking structure directly behind—supporting strong visibility, built-in demand, and convenient access. Buyer can move forward with the approved plans or submit new concepts.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | $1,500,000 | Building Class | C |
| Price Per Unit | $71,429 | Lot Size | 0.18 AC |
| Sale Type | Investment | Building Size | 17,100 SF |
| Sale Condition | Redevelopment Project | No. Stories | 5 |
| No. Units | 21 | Year Built | 2026 |
| Property Type | Multifamily | Opportunity Zone |
Yes
|
| Property Subtype | Apartment | ||
| Zoning | DT1 - General Downtown Commercial | ||
| Price | $1,500,000 |
| Price Per Unit | $71,429 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Units | 21 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 17,100 SF |
| No. Stories | 5 |
| Year Built | 2026 |
| Opportunity Zone |
Yes |
| Zoning | DT1 - General Downtown Commercial |
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Moderately walkable
60/100
Exceptionally drivable
90/100
Good public transit
60/100
Moderately bikeable
60/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $191,500 | |
| Land Assessment | $846,200 | Total Assessment | $1,037,700 |
Property Taxes
Parcel Numbers
Land Assessment
$846,200
Improvements Assessment
$191,500
Total Assessment
$1,037,700
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69-77 E Center St
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