460 E 200 S Provo, UT 84606
For Sale
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Discover a well‑positioned 21‑unit multifamily asset in the heart of Provo, offering a desirable mix of 1‑bedroom, 2‑bedroom, and 1 studio units. Many apartments have been refreshed with new carpet and durable VLP flooring, enhancing tenant appeal and reducing turnover costs. A new pitched roof installed just two years ago provides long‑term durability and minimizes upcoming capital expenditures. Ideally located near BYU and Provo’s Center Street , the property benefits from exceptional rental demand, consistently low vacancy , and stable annual leases. Current rents offer meaningful upside for investors seeking value‑add potential. The on‑site coin‑operated laundry generates additional income, and the clean, well‑cared‑for units make leasing straightforward and reliable. This is a rare opportunity to acquire a stable, income‑producing asset in one of Utah County’s strongest rental markets. APOD available upon request. Square footage figures are provided as a courtesy estimate from the Utah County Recorder. Buyer is advised to obtain an independent measurement.
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Maeser Place Apartments Apartment Building
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.