856 300, Provo, UT 84606
14BD/—BA Residential in Provo, UT 84606. 1,278 sqft. Built 1996. Listed at $3,150,000. MLS #2153747.
14BD/—BA Residential in Provo, UT 84606. 1,278 sqft. Built 1996. Listed at $3,150,000. MLS #2153747.
$3,150,000
South Pointe Apartments is a student-oriented housing community located just south of Brigham Young University in Provo, Utah, benefiting from strong walkability to campus and convenient access to nearby retail, grocery, and dining amenities. Situated on approximately 0.71 acres, the property offers potential future upside, including the ability to pursue an additional phase, subject to approvals. Built in 1996 and well maintained, South Pointe features functional layouts and in-place operations that support durable student demand and present an attractive opportunity for reliable occupancy and rental growth through modest upgrades. Reach out for more details regarding financials and tours. Square footage figures are provided as a courtesy estimate only. Buyer is advised to obtain an independent measurement.
Property Type
Residential
Property Style
> 4 Units
Architectural Style
Stories: 2
County
Utah
Lot Size
0.7 sq ft
Condition
Blt./Standing
MLS #
2153747
Property Type
Residential
Property Style
> 4 Units
Architectural Style
Stories: 2
County
Utah
Lot Size
0.7 sq ft
Condition
Blt./Standing
MLS #
2153747
List Price
$3,150,000
Annual Taxes
$1,261
Home Warranty
No
List Price
$3,150,000
Annual Taxes
$1,261
Home Warranty
No
Covered Spaces
0
Total Parking
0
Covered Spaces
0
Total Parking
0
Classification
Standard
Deal Score
50/100
vs Similar Homes
152% above
vs Market Median
0% below
Area Growth (YoY)
1.8%
Deal Score Breakdown
50/100
Priced 0% below the per-subtype city median
1.8% year-over-year ZHVI growth in this area
Priced 152% above the median of similar listings
STR net cashflow -$17,773/mo (-88.9% 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
$38,206/yr
$284/night · 41% occupancy · $113/bedroom · $0.17/sqft
Net Monthly Cash Flow
−$17,774 /mo (−$213,289/yr)
Monthly STR income
Monthly ownership cost
Coverage
16%
Net /mo
−$17,773
DSCR
0.14
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
11
Available Providers
$475,000
+563% vs median
62 days
182
$189,900 – $43,000,000
$1,261
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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