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37 South 700 West
Provo, UT 84601
Asking Price
$725K
Cap Rate
2.65%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Fully leased 4-Plex in great Provo location <p>Excellent opportunity to acquire a well-maintained 4-plex in a prime Provo location near BYU, UVU, and downtown, with quick freeway access. Fully leased property includes 4 units: a 2-bedroom, two 1-bedroom, and a studio apartment. Building has had remodel updates throughout under current ownership as well as a new boiler system and upgraded electrical systems. Features onsite shared laundry hookups, ample onsite parking and separate electric meters. Strong rental market with consistent deman
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NOI
$80,000
Cap Rate
11.03%
DSCR
1.86
Strong
Cash-on-Cash
16.99%
Monthly Payment
$3,586.904
Annual Cash Flow
$36,957.147
