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Property profile & analytics
FOR SALE
Apartment buildings

460 E 200 S Provo, UT 84606

14,994 SF Built 1978
Property ID
US86-0484985
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Apartment buildings
Year built 1978
Total area 14,994 SF
UPID US86-0484985
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Maeser Place Apartments Apartment Building
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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