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444 West 200 North & 242 North 500 West

2 Multifamily Properties Offered at $4,370,000 in Provo, UT

Investment Highlights

  • AVAILABLE TOGETHER OR INDIVIDUALLY: This offering includes two properties on separate but adjacent parcels. They're available together or separately.
  • METICULOUSLY MAINTAINED: This Property has been well-maintained and updated to minimize capital expenditures and deferred maintenance for a new owner.
  • WELL-POSITIONED: Just north of downtown Provo, tenants have quick access to major employment centers, universities, and entertainment.

Executive Summary

Marcus & Millichap is pleased to announce the exclusive listing of 444 West 200 North and 242 North 500 West Apartments. Located in the growing Provo market, this opportunity offers two meticulously maintained properties. They are available together or individually and provide a new owner well-located assets that are in excellent physical condition. A new owner can also add pet fees to further boost the property's revenue. Both properties benefit from their proximity to downtown and I-15. Provo is considered one of the state's larger business centers and offers various economic and recreational appeals. Large companies and schools nearby such as Brigham Young University, Vivint, and Qualtrics add to the strong and growing local economy.

Property Facts

Price $4,370,000
Price / SF $300.34 / SF
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 14,550 SF

Properties

Property Name / Address Property Type Size Year Built Individual Price
444 W 200 N, Provo, UT 84601 Multifamily 6,800 SF 1970 -
242 N 500 W, Provo, UT 84601 Multifamily 7,750 SF 2003 -
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  • Listing ID: 34245442

  • Date on Market: 12/19/2024

  • Last Updated:

  • Address: 444 West 200 North & 242 North 500 West, Provo, UT

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