Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Provo Multifamily Investment Opportunity Title is generated by Realmo AI

    2030 Nevada Cir, Provo, UT 84606

    View on Map
    Claim this Listing
    For Sale
    $1,225,000

    Six-unit multifamily community in Provo, near BYU.

    Type:Multifamily
    Added:
    Apr 3, 2026
    Days on Market:
    67
    Last Refresh:
    Apr 3 at 5:11 am

    Property Features for 2030 Nevada Cir

    General Information

    Standard status
    Active
    Property subtype
    Multifamily

    We can help!

    Listing Contact
    Evan Clark

    Listing agent Evan Clark License #UT: 10187590-SA00, ID: 8071166

    Listing office Salt Lake City Office

    Listing date Apr 3, 2026

    Source Marcusmillichap

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Salt Lake City Office

    HighLights

    • Value‑add opportunity with 20‑30% below‑market rents achievable through light interior renovations.
    • Located in Provo, Utah, a dynamic, university‑anchored rental market.
    • Strong rental demand driven by Brigham Young University's 30,000+ student population.
    • Positioned within the rapidly expanding Silicon Slopes tech corridor.
    • Spacious two‑bedroom floorplans appealing to students, young professionals, and university staff.
    • Potential for NOI expansion and accelerated equity growth through strategic upgrades.

    Overview

    Nevada Circle is a 6-unit multifamily community located in Provo, Utah, a dynamic, university-anchored rental market. The property benefits from strong underlying demand driven by Brigham Young University’s 30,000+ student population and Provo’s position within the rapidly expanding Silicon Slopes tech corridor. This dual demand base supports sustained occupancy, consistent rent growth, and long-term investment stability. Nevada Circle features spacious two-bedroom floorplans that appeal to students, young professionals, and university staff seeking functional layouts and long-term housing options. The unit mix attracts stable tenants willing to pay premium rents, contributing to reduced turnover and predictable cash flow. Current in-place rents remain approximately 20%–30% below market, presenting a clear and immediate value-add opportunity through light interior renovations and targeted amenity enhancements. Strategic upgrades, including updated kitchens, flooring, and fixtures, can support mark-to-market rents while maintaining strong occupancy, creating a defined path to NOI expansion and accelerated equity growth. Positioned within one of Utah’s fastest-growing markets, Nevada Circle offers investors a compelling blend of stability, upside, and durable fundamentals.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Nail Salon Building Supply Accounting Firm Daycare Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Provo
    County
    Utah
    State
    Utah
    Longitude
    -111.6234471
    Latitude
    40.2044574

    Nearby Similar for Sale

    • $5,600,000
      10,608 SF

      Modern Single-Tenant Commercial Building

      Newer construction NNN leased to Paul Mitchell School.
      483 W 2310 N, Provo, UT 84604
      View Details
    • $1,195,000

      Commercial Investment Opportunity in Provo

      High-visibility commercial building on State Street with tenant income.
      1959 N STATE St, Provo, UT 84604
      View Details
    • $665,000
      2,016 SF

      Provo Turnkey Duplex on Large Lot

      Updated duplex with strong rental potential near downtown Provo.
      257 E 200 S, Provo, UT 84606
      View Details
    • $499,999
      1,456 SF

      Provo Duplex Near LDS Temple

      Well-maintained duplex in central Provo with income potential.
      358 W 500 S, Provo, UT 84601
      View Details
    • $775,000
      2,678 SF

      Duplex Near BYU South Campus

      Duplex near BYU with rental income potential.
      386 N 500 E, Provo, UT 84606
      View Details
    • $550,000
      1,782 SF

      Updated Duplex in Prime Location

      Well-maintained duplex with strong rental demand in Provo, Utah.
      344 W 300 N, Provo, UT 84601
      View Details
    • $4,400,000
      14,994 SF

      21-Unit Apartment Complex in Provo

      Well-maintained apartment complex near BYU with income potential.
      460 E 200 S, Provo, UT 84606
      View Details
    • $625,000
      5,008 SF

      Duplex with Upstairs Expansion Potential

      Currently configured as a two-unit duplex with room to add two more upstairs for expanded rental income.
      389 W 500 S, Provo, UT 84601
      View Details
    • $899,000
      2,560 SF

      Provo Fourplex Near BYU Campus

      Four 1-bed, 1-bath units near BYU campus.
      232 E 400 N, Provo, UT 84606
      View Details
    • $165,000

      Nail Salon in Prime Location

      Turnkey nail salon with excellent visibility in central Provo.
      464 W CENTER St, Provo, UT 84601
      View Details
    • $389,900
      1,368 SF

      Provo Duplex Investment Opportunity

      Duplex in Provo with easy access to I-15.
      270 S 900 W, Provo, UT 84601
      View Details
    • $525,000
      1,225 SF

      Provo Duplex Investment Opportunity

      Turn-key duplex in prime Provo location with immediate cash flow.
      1021 W 100 N, Provo, UT 84601
      View Details

    FAQs

    What type of property is this?
    Apartment building - Six-unit multifamily community in Provo, near BYU.
    Where is this apartment building located?
    The property is located at 2030 Nevada Cir Provo, UT.
    What is the asking price?
    The asking price for this property is $1,225,000.
    What are key features of this property?
    This property features: Value‑add opportunity with 20‑30% below‑market rents achievable through light interior renovations.; Located in Provo, Utah, a dynamic, university‑anchored rental market.; Strong rental demand driven by Brigham Young University's 30,000+ student population.
    (801) 736-2632
    We can help!
    Listing Contact
    Evan Clark
    Real Estate License ID: UT: 10187590-SA00, ID: 8071166
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2030 Nevada Cir, Provo, UT 84606
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!