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Amanda Knight Hall 800 N University Ave

13 Unit Apartment Building For Sale Provo, UT 84606

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Investment Highlights

Assumable Loan Opportunity: $3.6M assumable loan with an attractive rate of 3.25% and over 7 years remaining
Strong Historical Occupancy: consistently 100%
BYU Enrollment of 35,000 with a 69% admitted rate

Excellent Location: Steps from the BYU Campus
Award Winning Renovations: Recipient of the 2022 Community Stewardship Awards for Restoration

Executive Summary

Berkadia Salt Lake City Investment Sales is pleased to present this exclusive and rare investment opportunity to acquire historic student housing Amanda Knight Hall, approved for Brigham Young University (BYU) off campus women’s housing. The property features 57 beds across 13 units. Built in 1939 and designed by Joseph Nelson, this property showcases a timeless English Tudor Revival style and stands as a cherished neighborhood gem, named after the esteemed BYU philanthropist Amanda Knight.
Amanda Knight Hall is fully occupied and features an assumable loan at an attractive rate of 3.25%, ensuring a strong initial yield and total return. With BYU's requirement for freshmen to reside in approved housing and only 20% of students accommodated on campus, a significant demand for off-campus housing remains, with 27,880 students seeking accommodations.
For more details on this rare investment opportunity, please contact us.

AmandaKnightHall_flyer

Property Facts Under Contract

Sale Type	Investment	Building Class	C
Sale Conditions	1031 Exchange	Lot Size	0.76 AC
No. Units	13	Building Size	33,106 SF
Property Type	Multifamily	No. Stories	3
Property Subtype	Apartment Multifamily Dormitory	Year Built/Renovated	1939/2021
Apartment Style	Garden

Sale Type	Investment
Sale Conditions	1031 Exchange
No. Units	13
Property Type	Multifamily
Property Subtype	Apartment Multifamily Dormitory
Apartment Style	Garden
Building Class	C
Lot Size	0.76 AC
Building Size	33,106 SF
No. Stories	3
Year Built/Renovated	1939/2021

Unit Amenities

Air Conditioning
Dishwasher
Disposal

Microwave
Washer/Dryer
Crown Molding

High Speed Internet Access
Stainless Steel Appliances

Built-In Bookshelves
Vinyl Flooring

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