Skip To Content
    Return to Previous Page

    519 W 940 N

    Provo, UT 84604
    • $8,600,000
    • STATUS: Active Under Contract
    • ON SITE: 150 days
    • ID#: 1676998
    Under Contract
    UPDATED: 43 min ago
    $8,600,000
    • 76
      BEDS
    • 1.2
      ACRES
    • 50
      BATHS
    • 0
      1/2 BATHS
    • 26,566
      SQFT
    • $324
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1969
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    24-unit apartment complex and adjoining duplex (total of 26 units). Sale includes 4 parcels - Tax IDs: 21:005:0191, 21:005:0184, 21:005:0194, 21:005:0193. Overview: BYU Contracted Student Housing, 144 beds, $350 per bed, 24 units, 3 shared rooms, 2 full bathrooms, newly remodeled, 24 storage units, ample parking for residents, tenants pay all utilities - water/sewer, garbage, electric, gas, internet, adjoining duplex with onsite managers. 2020 Projections: Annual income - $611,300, Annual operating income, $513,583 (Based on 2019 operating expense actuals), Cap rate - 5.97%. Square footage figures are provided as a courtesy estimate only and were obtained from county records. Buyer is advised to obtain an independent measurement.

    Monthly Payment Calculator



    Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2020-10-25T20:35:41.603. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
    www.livingutah.com/homes/106262671
    Print Image

    519 W 940 N Provo, UT 84604

    • Price: $8,600,000
    • Status: Active Under Contract
    • Updated: 43 min ago
    • ID#: 1676998
    76
    Beds
    50
    Baths
    0
    ½ Baths
    1.2
    Acres
    26,566
    SQFT
    $324
    $/SQFT
    1969
    Built
    Neighborhood:
    Orem; Provo; Sundance
    County:
    Utah
    Area:
    Orem; Provo; Sundance
    Elementary School:
    Timpanogos
    Middle School:
    Dixon
    High School:
    Provo
    School District:
    Provo
    Property Description
    24-unit apartment complex and adjoining duplex (total of 26 units). Sale includes 4 parcels - Tax IDs: 21:005:0191, 21:005:0184, 21:005:0194, 21:005:0193. Overview: BYU Contracted Student Housing, 144 beds, $350 per bed, 24 units, 3 shared rooms, 2 full bathrooms, newly remodeled, 24 storage units, ample parking for residents, tenants pay all utilities - water/sewer, garbage, electric, gas, internet, adjoining duplex with onsite managers. 2020 Projections: Annual income - $611,300, Annual operating income, $513,583 (Based on 2019 operating expense actuals), Cap rate - 5.97%. Square footage figures are provided as a courtesy estimate only and were obtained from county records. Buyer is advised to obtain an independent measurement.
    Exterior Features

    Driveway Asphalt Exterior Building Materials Brick Garage Parking Features Parking: Uncovered Landscaping See RemarksLandscaping: FullMature TreesWaterfall Length In Feet Of Back Of Property 0.0 Length In Feet Of Front Of Property 0.0 Length In Feet Of Side Of Property 0.0 Parking Capacity 60 Roof Features Asphalt Shingles Storage See RemarksOther Style 3 - Story

    Interior Features

    Floor Coverings CarpetTile Heating Features Gas: Central>= 95% Efficiency Interior Features Dishwasher: Built-InDisposalKitchen: UpdatedRange/Oven: Free Stdng. Windows Blinds

    Property Features

    Additional Information Joint Gas MetersLeases: YearlySep. Air ConditioningSep. Power MetersSep. Water HeatersTenant Pays Utilities Amenities Cable Tv WiredElectric Dryer HookupLaundry: Hookups Community Pool No Gross Scheduled 513583 Hoa No Hoa Fee 0 Inclusions DryerMicrowaveRangeRefrigeratorWasher Multifamily Property Type > 4 Units Owner Type Property Owner Pool No Spa No Taxes 14932 Telecommunications See RemarksFiber Optics Terms CashConventionalSeller Finance Utilities Gas: ConnectedPower: ConnectedSewer: ConnectedWater: Connected Water Culinary Water Shares 0.00 Year Remodeled 2018 Yearly Occupancy 100 Zoning Multi-Family

    Listing provided courtesy of Joseph Thomas Real Estate. Information deemed reliable but not guaranteed accurate. Buyer to verify all information. © 2020 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved.


    Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2020-10-25T20:35:41.603. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
     
    https://bt-photos.global.ssl.fastly.net/wasatch/orig_boomver_1_1676998-2.jpg https://bt-photos.global.ssl.fastly.net/wasatch/orig_boomver_1_1676998-2.jpg https://bt-photos.global.ssl.fastly.net/wasatch/orig_boomver_1_1676998-2.jpg
    Logo
    Livingstone Brokers
    1633 W Innovation Way Floor 5
    Lehi UT, 84043