Investment Property
For Sale
  • Student

    • 530 E. 500 N.

    530 E. 500 N., Provo, UT 84606 United States
    Investment Property
    For Sale
  • Student

    • 530 E. 500 N.

    530 E. 500 N., Provo, UT 84606 United States
    Building Size
    6,073 SF
    Lot Size
    .45 Acres
    Built
    1967
    Building Size
    6,073 SF
    Lot Size
    .45 Acres
    Built
    1967

    OVERVIEW

    530 E 500 N is a well-maintained, turnkey 6-unit multifamily property, built in 1967. It consists of all 2BD/1BA units that are approximately 1,012 SF. This property offers an excellent opportunity for investors seeking a stable, income-generating asset with a strong history of upkeep and tenant demand. The property was appraised at $1,600,000 on June 25, 2023. Rents have increased since then, so the asking price is now $1,700,000. The current asking price reflects a 4.55% cap rate, offering investors a strong return on investment with a well-maintained, high-demand asset.

    CONTACT

    Key Features
    • Turnkey Property
    • Very Well-Maintained Units
    • 10 Minute Walk to BYU
    • Desirable Unit Mix of all 2BD/1BA (4 Beds/Unit)
    • Above Average Rental Rates & $25/Bed Increase in Fall 2025
    • Central Heating & Cooling
    • Plenty of Parking

    Details

    Building Size:
    6,073 SF
    Sale Price:
    $1,700,000 USD
    Lot Size:
    .45 Acres
    Year Built:
    1967

    CONTACT

    530 E. 500 N.

    AVAILABILITIES

    SORT: AVAILABLE SPACE

    LOCATION

    With your permission we and our partners would like to use cookies in order to access and record information and process personal data, such as unique identifiers and standard information sent by a device to ensure our website performs as expected, to develop and improve our products, and for advertising and insight purposes.

    Alternatively click on More Options and select your preferences before providing or refusing consent. Some processing of your personal data may not require your consent, but you have a right to object to such processing.

    You can change your preferences at any time by returning to this site or clicking on  Cookies

    More Options
    Agree and Close
    These cookies ensure that our website performs as expected,for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
    These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
    These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
    Cookie preferences
    Agree All
    Reject All
    SAVE SETTINGS
    Essential
    Non Essential
    Marketing