Updated Multifamily Property For
For Sale
Contact for pricing
254 700 W, Provo, UT 84601
Six-unit multifamily property with updated interiors and strong operating history.
Property SizeContact for details
Days on Market191
Property Features for 254 700 W
General Information
Standard status
Active
Class
B
Property subtype
Multifamily
Zoning
RC
Building Details
Year Built
1976
Listing Agency:
Newmark Mountain West
(801) 852-8575
Listed By:
Jacob Nielson · License #13214526-SA00
Source:
Crexi
Added: Feb 17
Changed: Aug 8
Last Checked: Aug 8 at 6:35AM
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 Newmark Mountain West
Investment Insights
Based on property information with market context.
This multifamily property, constructed in 1976, features six 2-bedroom, 1-bath units. The interiors have been completely renovated to meet modern standards. The building is fully occupied and has a strong operating history, indicating stable tenant demand and reliable cash flow. The renovations have made the property competitive within the submarket, and there is potential for continued rent growth.
Key Highlights
- Fully Occupied: Demonstrates strong tenant demand and reliable cash flow.
- Completely Renovated Interiors: Units updated to modern standards, increasing appeal to tenants.
- Six 2‑Bedroom Units: Offers a desirable unit mix for renters.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,823
Businesses Nearby
Explore this area
Business Placement
Demographics for 84601, UT
33,986
Population
11,673
Households
2.9
Avg Household Size
27
Median Age
33%
College-Educated
86%
High-School Grad
13.3 sq mi
ZIP Area
2,555
Density / Sq Mi
$64,758
Median Household Income
$30,548
Median Earnings
$1,173
Median Rent
$370,300
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Six-unit multifamily property with updated interiors and strong operating history.
Where is this apartment building located?
The property is located at 254 700 W Provo, UT.
What is the asking price?
The asking price for this property is $1,415,000.
What are key features of this property?
This property features: Fully Occupied: Demonstrates strong tenant demand and reliable cash flow.; Completely Renovated Interiors: Units updated to modern standards, increasing appeal to tenants.; Six 2‑Bedroom Units: Offers a desirable unit mix for renters.
