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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 [email protected]
Mary Street, CCIM+1 801 666 [email protected]
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 [email protected]
Mary Street, CCIM+1 801 666 [email protected]
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
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Colliers International2100 Pleasant Grove Blvd. | Suite 200
Pleasant Grove, UT 84062P: +1 801 610 1300
