254 N 700 W - Apartments FOR SALE


Provo, UT 84601- Dixon
$1,475,000 USD
435-851-0951
254 N 700 W, Provo, UT for Sale
$1,475,000 USD
Apartments - FOR SALE
1/6
null | 5.16% Cap Rate

254 N 700 W
Provo, UT 84601
Dixon


HIGHLIGHTS

  • Fully Renovated Units
  • Turn-Key with Upside
  • Great Rental Demand

OVERVIEW

Built in 1976, this 6-unit multifamily property combines durable construction with fully updated interiors. The asset consists of six 2-bedroom, 1-bath units. The property has been completely renovated inside, bringing units to modern standards. The building is fully occupied with a strong operating history, reflecting stable tenant demand and reliable cash flow. While renovations have positioned the property competitively within the submarket, there remains room for continued rent growth, offering investors a blend of in-place income and future upside.

FOR SALE DETAILS

PRICE

$1,475,000 USD

PRICE/SF

$477 USD /SF

# OF UNITS

6

PRICE/UNIT

$245,833

CAP RATE

5.16%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1976

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,692 SF

ZONING

RMF-30

APN/PARCEL ID

04-090-0030

ASK ABOUT THIS PROPERTY

Jake NielsonNewmark Mountain WestMore Info
435-851-0951

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Jake NielsonNewmark Mountain WestMore Info
435-851-0951

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.