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16-Unit Student Housing Building

150 East 700 North, Provo, UT 84606

For Sale
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The fully occupied property is leased by the bed and sits within walking distance of BYU.

Property SizeContact for details
Days on Market13

Property Features for 150 East 700 North

General Information

Standard status Active
Property subtype Multifamily
Occupancy 100%
Net Operating Income $245,000

Site & Location

Neighborhood Maeser

Additional Details

Multifamily Units 16
Tenant in Place Yes

Building Details

Year Renovated 2024
Listing Agency: Legend Commercial
Listed By: Derek Kofoed · License UT 9631455-SA00
Source: Crexi
Added: Oct 30 Changed: Nov 10 Last Checked: Nov 10 at 6:57AM

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 Legend Commercial

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Investment Insights

Based on property information with market context.

This 16-unit, 61-bed student apartment property is located at 130 and 150 East 700 North in Provo. Occupancy is 100%, with units leased by the bed. Bathrooms were remodeled in 2024, the roof was replaced in 2025, and exterior doors were replaced in 2026.

Brigham Young University is a short walk away; its Fall 2026 daytime enrollment was 37,874. Utah Valley University, Rocky Mountain University of Health Professions, and Noorda College of Osteopathic Medicine are also identified as sources of student demand.

Key Highlights

  • 16 apartment units with 61 beds
  • 100% occupied; leased by the bed
  • Bathrooms remodeled in 2024

Property Analytics

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Lease Details

16
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,308
Businesses Nearby

Demographics for 84606, UT

33,791
Population
11,428
Households
3
Avg Household Size
25
Median Age
45%
College-Educated
95%
High-School Grad
11.6 sq mi
ZIP Area
2,913
Density / Sq Mi
$52,110
Median Household Income
$14,955
Median Earnings
$1,149
Median Rent
$407,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Apartment buildings in Utah County, UT

$255 Jul
$262 Aug
$272 Sep
$263 Oct

Properties on Market for Apartment buildings in Utah County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - The fully occupied property is leased by the bed and sits within walking distance of BYU.
Where is this apartment building located?
The property is located at 150 East 700 North Provo, UT.
What are key features of this property?
This property features: 16 apartment units with 61 beds; 100% occupied; leased by the bed; Bathrooms remodeled in 2024
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