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Provo, Utah 84606
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SIGNIFICANT VALUE-ADD, CASH COW 6-PLEX OPPORTUNITY in Provo, BYU market, with a solid 7%-cap potential (if self managed), simply by increasing rents (which are BELOW MARKET)! Recent rate increase validates the pro forma rent assumptions! UPDATED: roof (approximately 6 years ago), kitchens, bathrooms, flooring, fixtures, with recent exterior improvements to paint, siding, & window sealing! Tenants currently enjoy use of a secure, free laundry area in basement of neighboring 6-plex. Additional income opportunity also available through managing utilities differently (units metered separately!). LOCATION: near BYU, with quick access to I-15 & Provo downtown entertainment, restaurants, & shopping. Purchase the neighboring 6-plex (same seller) for operational efficiencies! 5 1-bed units; 1 2-bed unit. Square footage per county records. Buyer/agent to verify all. Do not disturb tenants; offer subject to inspection.
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Data provided by Wasatch Front Regional MLS. Information deemed reliable but not guaranteed.
30 Year Fixed • sample 6.80% interest rate • 20% down ($170,000)
Estimated P&I + taxes + insurance. This is a sample for informational purposes only — not a commitment or offer to lend. Actual rate, APR, and payment will depend on your credit, down payment, loan type, and lender. Contact a licensed mortgage professional for an accurate quote.
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801.635.8462USMC Veteran • REALTOR® • UT Lic# 12907042-SA00 · NV Lic# S.0201351 · WY Lic# RE-17041
