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Property InformationThis investment opportunity is a four-unit townhome property, conveniently located to BYU, the central business district, UVX bus line and Provo Intermodal Center. The project is historically 100% occupied, with one unit vacant for remodel. The property consists of one building, constructed in 1992, and recently renovated with stainless steel appliances, LVT flooring, stackable washer and dryer, new carpet, paint and lighting fixtures in every unit
> Built in 1992
> Four-Unit Townhome property: 4,904 SF total
> 3 units completed remodeling 1 unit currently in remodel
> Central Provo location
> Parcel Number: 36:449:0008, 36:449:0009, 36:449:0010 and 36:449:0011
> Acreage: 0.018423
> Well-maintained
> Property within opportunity zone
> Priced at $983,860.80
FOR SALE > MULTIFAMILY
4-Unit Townhome Property41 EAST 400 SOUTH PROVO, UTAH
+1 801 702 4693mary.street@colliers.com
Mary Street, CCIM+1 801 666 4252bill.street@colliers.com
Bill Street Colliers International2100 Pleasant Grove Blvd. | Suite 200
Pleasant Grove, UT 84062P: +1 801 610 1300
FOR SALE > MULTIFAMILY
4-Unit Townhome Property41 EAST 400 SOUTH PROVO, UTAH
+1 801 702 4693mary.street@colliers.com
Mary Street, CCIM+1 801 666 4252bill.street@colliers.com
Bill Street
UNIT TYPE # OF BEDROOMS # BATHS TOTAL UNITS AVERAGE UNIT SIZE TOTAL SF3 Bed 3 3 4 1,226 SF 4,904 SF
TOTAL 3 1,226 SF 4,904 SF
Note: Unit 2 vacant due to remodeling
Pro FormaRent per Unit $1,350.00
Income (Gross Rent) $67,400
NOI $49,193.04
CAP Rate 5%
Vacancy 3%
Management Fee 5%
Colliers International2100 Pleasant Grove Blvd. | Suite 200
Pleasant Grove, UT 84062P: +1 801 610 1300
FOR SALE > MULTIFAMILY
4-Unit Townhome Property41 EAST 400 SOUTH PROVO, UTAH
This document has been prepared by Colliers International for advertising and general information only. Colliers Interna-tional makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). ©2019. All rights reserved.
SITE
Colliers International2100 Pleasant Grove Blvd. | Suite 200
Pleasant Grove, UT 84062P: +1 801 610 1300
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