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Property profile & analytics
OFF-MARKET
Commercial real estate

784 Heather Ln Provo, UT 84601

3,290 SF 0.24 ac lot Built 1978
Property ID
US86-0450823
Property summary
AI-generated overview

This 1978-built Provo fourplex presents a compelling investment opportunity. The property boasts 3,290 square feet situated on a 0.24-acre lot at 784 W Heather Ln, Provo, UT 84601 (APN 410780015). The two-story building comprises four units, each currently priced at $212,500, with an overall asking price of $850,000 ($258.36/sq ft). Two units have undergone complete renovations, featuring new cabinetry, flooring, paint, and appliances. A third unit includes updated cabinetry but requires carpet replacement. The fourth unit, occupied by a long-term tenant, remains unrenovated. Three of the four units benefit from newer central air conditioning. Currently, rents are below market value, offering significant upside potential. With minor updates to one unit and a full remodel of another, market rent for all units is projected at $1,400 per month. This property offers a strong foundation for immediate income and substantial future growth. The property's location in Provo, Utah, provides access to a thriving rental market. This is a rare opportunity to acquire a multifamily property with immediate income and significant value-add potential. MLS #2017711.

Property profile
Verified
Property type Commercial real estate
Year built 1978
Total area 3,290 SF
Lot 0.24 ac (10,454 SF)
APN 410780015
UPID US86-0450823
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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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