Building Details

Year Built 2016

Listing Agency: RE/MAX Associates

Listed By: Matt Sumsion · License #UT 10348918SA0

Source: Crexi

Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 4:25AM

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Investment Insights

Based on property information with market context.

Built in 2016, this four-unit residential income property contains four two-bedroom, two-bath residences. Interior finishes include dark cabinetry and coordinated flooring in the kitchens and bathrooms, and all units are currently occupied.

The property offers convenient freeway access and is located near both BYU and UVU. MAXX PM currently provides onsite management, adding an established operating arrangement for the property.

Key Highlights

• Four‑unit quadplex built in 2016
• Each unit offers 2 bedrooms and 2 bathrooms
• All units are fully occupied

Property Analytics

Property Profile

Current Use

Quadplexes

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Barber Shop Daycare Center Locksmith Wine and Liquor Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4

Residential units

100%

Occupancy

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

1,017

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

7% 2022

7.8% 2023

8.6% 2024

8.6% 2025

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Frequently Asked Questions

What type of property is this?

Quadplex - Fully occupied quadplex featuring dark cabinetry and matching flooring in kitchens and bathrooms.

Where is this quadplex located?

The property is located at 662 W Meadow Dr Provo, UT.

What are key features of this property?

This property features: Four‑unit quadplex built in 2016; Each unit offers 2 bedrooms and 2 bathrooms; All units are fully occupied