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Four-Unit Residential Condo Portfolio

487 Orem Boulevard, Orem, UT 84057

For Sale
Contact for pricing

The condos offer two-bedroom layouts with one bathroom in each unit.

Property SizeContact for details
Days on Market47

Property Features for 487 Orem Boulevard

General Information

Standard status Active
Property subtype Special Purpose

Units

Unit Mix 4 x 2BR/1BA
Multifamily Units 4

Building Details

Year Built 1993
Listing Agency: Summit Commercial Advisors
Listed By: Mary Street · License UT 5454081-PO00
Source: Crexi
Added: Sep 25 Changed: Nov 8 Last Checked: Nov 10 at 9:11AM

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 Summit Commercial Advisors

Rey
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Investment Insights

Based on property information with market context.

The portfolio comprises four residential condominiums, each with 886 square feet, two bedrooms, and one bathroom. All four units were built in 1993.

The property is on Orem Boulevard in Orem, Utah. Showings require 48 hours’ notice.

Key Highlights

  • Four residential condominiums offered as a portfolio
  • Each unit contains 886 square feet, two bedrooms, and one bathroom
  • Built in 1993

Property Analytics

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Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,401
Businesses Nearby

Demographics for 84057, UT

38,401
Population
12,246
Households
3.1
Avg Household Size
29
Median Age
39%
College-Educated
93%
High-School Grad
6.2 sq mi
ZIP Area
6,194
Density / Sq Mi
$80,184
Median Household Income
$36,429
Median Earnings
$1,408
Median Rent
$398,400
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 Residential income properties in Orem, UT

$258 Jul
$253 Aug
$271 Sep
$267 Oct

Properties on Market for Residential income properties in Orem

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Residential income property - The condos offer two-bedroom layouts with one bathroom in each unit.
Where is this residential income property located?
The property is located at 487 Orem Boulevard Orem, UT.
What is the asking price?
The asking price for this property is $1,020,000.
What are key features of this property?
This property features: Four residential condominiums offered as a portfolio; Each unit contains 886 square feet, two bedrooms, and one bathroom; Built in 1993
(801) 358-6279 · Office Call to check price and availability
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