Log In/Sign Up
Your email has been sent.
37 S 700 W 4 Unit Apartment Building $1,025,592 CAD ($256,398 CAD/Unit) 4.09% Cap Rate Provo, UT 84601
Investment Highlights
- Prime Provo location near BYU, UVU, and downtown, with quick freeway access
- 2-Bedroom Unit, (2) 1-Bedroom Units, Studio Apartment
- Strong rental market with consistent demand and long-term appreciation
Executive Summary
Excellent opportunity to acquire a well-maintained 4-plex in a prime Provo location near BYU, UVU, and downtown, with quick freeway access. 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. Studio unit is currently vacant, offering immediate rent increase. May be owner-occupied with remaining units providing rental income. Strong rental market with consistent demand and long-term appreciation potential. Square footage figures are provided as a courtesy estimate only. Buyer is advised to obtain an independent measurement.
Financial Summary (Actual - 2024) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
Unit Amenities
- Cable Ready
- Heating
- Refrigerator
- Range
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 1 | $1,525 CAD | 960 |
| 1+1 | 2 | $1,461 CAD | 600 - 610 |
| Studios | 1 | $1,249 CAD | 450 |
1 1
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 04-055-0013 | Total Assessment | $538,417 CAD (2025) |
| Land Assessment | $293,655 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $685,285 CAD (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
04-055-0013
Land Assessment
$293,655 CAD (2025)
Improvements Assessment
$685,285 CAD (2025)
Total Assessment
$538,417 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
Contacts
-
Loree Beveridge -
Steve Tobias -
Apex Commercial - KW South Valley Keller Williams
1 of 18
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
37 S 700 W
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.