460 200, Provo, UT 84606
28BD/—BA Residential in Provo, UT 84606. 14,994 sqft. Built 1978. Listed at $4,400,000. MLS #2141826.
28BD/—BA Residential in Provo, UT 84606. 14,994 sqft. Built 1978. Listed at $4,400,000. MLS #2141826.
Attractive 21unit apartment complex featuring a mix of 1, 2, and studio units. Many units have been refreshed with new carpet and VLP flooring. A new pitched roof was installed just two years ago, supporting longterm durability. Ideally located near BYU and Center Street, the property enjoys strong rental demand, low vacancy, and stable yearly leases. Rents have room to grow, and onsite coinoperated laundry provides added income. Clean, wellcaredfor units make this a standout opportunity in Provo's rental market. APOD Available. Square footage figures are provided as a courtesy estimate only and were obtained from Utah County Recorder. Buyer is advised to obtain an independent measurement.
Property Type
Residential
Property Style
> 4 Units
Architectural Style
Stories: 3
County
Utah
Zoning
Multi-Family
Construction
Brick
Lot Size
0.46 sq ft
Condition
Blt./Standing
MLS #
2141826
Property Type
Residential
Property Style
> 4 Units
Architectural Style
Stories: 3
County
Utah
Zoning
Multi-Family
Construction
Brick
Lot Size
0.46 sq ft
Condition
Blt./Standing
MLS #
2141826
List Price
$4,400,000
Annual Taxes
$16,286
Home Warranty
No
List Price
$4,400,000
Annual Taxes
$16,286
Home Warranty
No
Heating
Electric,Forced Air,Gas: Central
Roof
Asphalt,Pitched
Flooring
Carpet,Laminate,Tile,Vinyl
Materials
Brick
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Electric,Forced Air,Gas: Central
Roof
Asphalt,Pitched
Flooring
Carpet,Laminate,Tile,Vinyl
Materials
Brick
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Covered Spaces
0
Total Parking
23
Covered Spaces
0
Total Parking
23
Classification
Standard
Deal Score
30/100
vs Similar Homes
193% above
vs Market Median
9% above
Area Growth (YoY)
1.7%
Deal Score Breakdown
30/100
Priced 9% above the per-subtype city median
1.7% year-over-year ZHVI growth in this area
Priced 193% above the median of similar listings
STR net cashflow -$22,639/mo (-76.7% 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
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.
Est. Annual Revenue
$117,940/yr
$283/night · 41% occupancy · $113/bedroom · $0.17/sqft
Net Monthly Cash Flow
−$22,640 /mo (−$271,675/yr)
Monthly STR income
Monthly ownership cost
Coverage
33%
Net /mo
−$22,639
DSCR
0.31
Elementary
Provo PeaksMiddle School
CentennialHigh School
TimpviewSchool District
Provo
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$475,000
+826% vs median
52 days
218
$179,900 – $43,000,000
$16,286
Moderate
7.5
per 1,000
22.4
per 1,000
12.2
per 1,000
42.1
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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