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Grandview Manor 1801 N 950 W 72 Unité Immeuble d’appartements À vendre Provo, UT 84604
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FAITS SAILLANTS DE L'INVESTISSEMENT
- Value-Add Investment Opportunity: Offers significant potential for enhancement and returns.
- High Barrier-to-Entry Neighborhood: Protected from new construction, ensuring stable demand.
- Nearby Universities: Close to Brigham Young University and Utah Valley University, attracting approximately 82,000 students collectively.
- Recent Major Improvements: The exterior has been attractively updated, and a new parking lot has been added as of last year.
- Robust Renter Pool: 52% of housing units are renter- occupied, indicating strong rental demand.
RÉSUMÉ DE L'ANNONCE
Call for Offers: September 16th
Berkadia is pleased to exclusively present Grandview Manor, a 72-unit property built in 1971-1973 located in Provo, Utah—one of the fastest growing and most desirable cities in the country. Grandview Manor offers a strong value-add opportunity with 100% of the units available to upgrade. Current ownership has maintained and cared for the asset well but has not completed any programmatic upgrades to the interior units at the property, allowing the next owner to take advantage of the future upside potential. The Property is situated along State Street, a main arterial thoroughfare that connects the Property to Brigham Young University, University Place Mall, and Utah Valley University. Together, the two universities draw over 82,000 students to the area creating a constant high demand for rental housing. BYU recently announced a new School of Medicine that is set to open in 2027, poised to bring additional growth to the area.
Berkadia is pleased to exclusively present Grandview Manor, a 72-unit property built in 1971-1973 located in Provo, Utah—one of the fastest growing and most desirable cities in the country. Grandview Manor offers a strong value-add opportunity with 100% of the units available to upgrade. Current ownership has maintained and cared for the asset well but has not completed any programmatic upgrades to the interior units at the property, allowing the next owner to take advantage of the future upside potential. The Property is situated along State Street, a main arterial thoroughfare that connects the Property to Brigham Young University, University Place Mall, and Utah Valley University. Together, the two universities draw over 82,000 students to the area creating a constant high demand for rental housing. BYU recently announced a new School of Medicine that is set to open in 2027, poised to bring additional growth to the area.
FAITS SUR LA PROPRIÉTÉ
| Type de vente | Investissement | Taille du lot | 2,14 AC |
| Nombre d’unités | 72 | Taille du bâtiment | 58 749 pi² |
| Type de propriété | Immeuble residentiel | Occupation moyenne | 99% |
| Sous-type de propriété | Appartement | Nombre d’étages | 3 |
| Style d’appartement | De faible hauteur | Année de construction/rénovation | 1973/2019 |
| Classe d’immeuble | B | Ratio de stationnement | 2,3/1 000 pi² |
| Zonage | RC - RC Zoning | ||
| Type de vente | Investissement |
| Nombre d’unités | 72 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | B |
| Taille du lot | 2,14 AC |
| Taille du bâtiment | 58 749 pi² |
| Occupation moyenne | 99% |
| Nombre d’étages | 3 |
| Année de construction/rénovation | 1973/2019 |
| Ratio de stationnement | 2,3/1 000 pi² |
| Zonage | RC - RC Zoning |
COMMODITÉS
COMMODITÉS DES UNITÉS
- Chauffage
- Planchers de tuiles
- Cuisine
- Accès Internet à haute vitesse
- Four
- Bain/Douche
- Tapis
- Plancher de vinyle
- Couvre-fenêtres
COMMODITÉS DU SITE
- Accès 24 heures
- Installations de lessive
- Espace de pique-nique
- Terrain de jeu
- Gestionnaire d'immeuble sur place
- Transport en commun
UNITÉ RENSEIGNEMENTS SUR LE MÉLANGE
| DESCRIPTION | NOMBRE D’UNITÉS | LOYER MOYEN/MOIS | pi² |
|---|---|---|---|
| 1+1 | 4 | - | 600 |
| 2+1 | 68 | - | 750 |
Walk Score®
Très pratique à pied (71)
Impôts fonciers
| Numéros de lot | Évaluation des bâtiments | 14 213 410 $ CAD | |
| Évaluation du terrain | 2 785 951 $ CAD | Évaluation totale | 9 349 649 $ CAD |
Impôts fonciers
Numéros de lot
Évaluation du terrain
2 785 951 $ CAD
Évaluation des bâtiments
14 213 410 $ CAD
Évaluation totale
9 349 649 $ CAD
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Grandview Manor | 1801 N 950 W
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