Active
225 E 700 N
Provo UT, 84606
$5,900,000
$347.30 per sqft
Active
72 Beds
24 Baths
16,988 sqft
Residential
Built in 2019
University Park Apartments, located at 225 E. 700 N., Provo, Utah, is one of Brigham Young University's closest off-campus student housing properties. Located only 75 yards from the southern border of BYU's campus, in the historic and student-dense Joaquin Neighborhood, University Park continuously enjoys full tenant occupancy due to its unbeatable next-door proximity to campus. While University Park used to be part of the tightly restricted BYU contracted housing, the university recently eliminated the need for students to live in contracted housing. University Park can now benefit from a broader renter base while having fewer landlord compliance requirements. This 2-story, all-brick property, built in 1971 and fully renovated in 2019, consists of 72 beds in twelve 3X2 units. Additionally, connected to the building is a 2 story, reinforced concrete, parking structure, which provides ample tenant parking. Provo, Utah was named the #1 strongest economy in the nation and enjoys a robust rental housing market. With its location just steps away from incredible outdoor recreation, popular restaurants and a wide variety of fun and enjoyable community locations and events, it has contributed to BYU becoming a destination for students from across the world. University Park has 100% occupancy and the overall off-campus vacancy rate at BYU is 1.6%.
2026590
MLSⓇ ID
October 1, 2024
Listed
November 22, 2024
Updated
Map
225 E 700 N
Provo UT, 84606
Interior Features
Total Stories
0
Bedrooms
72
Total Bathrooms
24
Full Bathrooms
24
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.39 Acres
Architectual Style
Other/See Remarks
School Information
School District
Provo
High School
Timpview
Elementary School
Provo Peaks
Other Property Details
Area Name
Provo; Mamth; Springville
Taxes
$134,855
Tax Frequency
Annually
Days on Market
41
Garage
No
Parking Total
0
View
No
County
Utah
Pool
No
Courtesy of Redstone Residential Inc
Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 10:21 PM UTC, 11/22/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information deemed reliable but not guaranteed and should be independently verified. Properties may or may not be listed by the office/agent presenting the information. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Matt Sumsion shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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