37 S 700 W - Apartments FOR SALE


Provo, UT 84601- Franklin
$739,000 USD
801-319-7574
37 S 700 W, Provo, UT for Sale
$739,000 USD
Apartments - FOR SALE
1/17
null | 2.6% Cap Rate

37 S 700 W
Provo, UT 84601
Franklin


HIGHLIGHTS

  • Prime Provo location near BYU, UVU, and downtown, with quick freeway access
  • Strong rental market with consistent demand and long-term appreciation
  • 2-Bedroom Unit, (2) 1-Bedroom Units, Studio Apartment

OVERVIEW

Excellent opportunity to acquire a well-maintained 4-plex in a prime Provo location near BYU, UVU, and downtown, with quick freeway access. Property includes 4 units: a 2-bedroom, two 1-bedroom, and a studio apartment. Building has had remodel updates throughout under current ownership as well as a new boiler system and upgraded electrical systems. Features onsite shared laundry hookups, ample onsite parking and separate electric meters. Strong rental market with consistent demand and long-term appreciation potential. Square footage figures are provided as a courtesy estimate only. Buyer is advised to obtain an independent measurement.

FOR SALE DETAILS

PRICE

$739,000 USD

PRICE/SF

$308 USD /SF

# OF UNITS

4

PRICE/UNIT

$184,750

CAP RATE

2.6%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1928

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

Commercial Zone

APN/PARCEL ID

04-055-0013

ASK ABOUT THIS PROPERTY

Loree BeveridgeApex Commercial - KW South Valley Keller WilliamsMore Info
801-319-7574

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Loree BeveridgeApex Commercial - KW South Valley Keller WilliamsMore Info
801-319-7574

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