1913 1030, Orem, UT 84058
32BD/—BA Residential in Orem, UT 84058. 16,560 sqft. Built 2019. Listed at $3,880,000. MLS #2147372.
32BD/—BA Residential in Orem, UT 84058. 16,560 sqft. Built 2019. Listed at $3,880,000. MLS #2147372.
$3,880,000
8 unit multi-family townhomes - fully leased - 4 minutes from UVU and 11 minutes from BYU. Each home offers 4 bedrooms, 4 bathrooms, 2 car garage, huge kitchen and family room. Perfect floor plan. This offering is for 8 total units that are and have been leased since they were brand new. They are separate tax id's so you can own all 8 and if desired sell them individually. Great location, strong demand and great appreciation. HOA Remarks: Barbecue; Cable TV Paid, Club House; Fire Pit; Insurance Paid; Maintenance Paid; Pets Permitted; Picnic Area; Playground; Pool; Sewer Paid; Snow Removal; Water Paid
Property Type
Residential
Property Style
> 4 Units
Architectural Style
Stories: 3
Subdivision
LAKEVIEW
County
Utah
Zoning
Single-Family
Construction
Brick,Stucco
Lot Size
0.3 sq ft
Condition
Blt./Standing
MLS #
2147372
Property Type
Residential
Property Style
> 4 Units
Architectural Style
Stories: 3
Subdivision
LAKEVIEW
County
Utah
Zoning
Single-Family
Construction
Brick,Stucco
Lot Size
0.3 sq ft
Condition
Blt./Standing
MLS #
2147372
List Price
$3,880,000
HOA Fees
$265 / Monthly
Annual Taxes
$15,624
Home Warranty
No
List Price
$3,880,000
HOA Fees
$265 / Monthly
Annual Taxes
$15,624
Home Warranty
No
Heating
Forced Air,Gas: Central
Roof
Asphalt,Pitched
Flooring
Carpet,Laminate,Tile
Materials
Brick,Stucco
Water Source
Culinary
Sewer
Sewer: Connected
View
Lake,Mountain(s)
Heating
Forced Air,Gas: Central
Roof
Asphalt,Pitched
Flooring
Carpet,Laminate,Tile
Materials
Brick,Stucco
Water Source
Culinary
Sewer
Sewer: Connected
View
Lake,Mountain(s)
Garage Spaces
16
Covered Spaces
16
Total Parking
16
Garage Spaces
16
Covered Spaces
16
Total Parking
16
Classification
Standard
Deal Score
45/100
vs Market Median
21% above
Area Growth (YoY)
4.3%
Deal Score Breakdown
45/100
4.3% year-over-year ZHVI growth in this area
Priced 21% above the per-subtype city median
STR net cashflow -$16,945/mo (-64.3% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
No price reduction from original list
Not enough comparable listings
Ensemble scoring: the best single signal sets the floor, secondary qualifying signals (≥60) each add 5 points up to +20. A home that strongly wins on one dimension is already a great deal — it doesn't need to tick every box.
Why this classification
Est. Annual Revenue
$161,040/yr
$358/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$16,945 /mo (−$203,344/yr)
Monthly STR income
Monthly ownership cost
Coverage
51%
Net /mo
−$16,945
DSCR
0.48
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$515,000
+653% vs median
49 days
165
$249,500 – $5,195,000
$15,624
$265/monthly
Moderate
9.5
per 1,000
25.1
per 1,000
9.6
per 1,000
44.2
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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Daryn Edmunds - High Road Properties

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Devin Tanner - Utah Realtor
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