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29113159
29113160

856 E 300 S, Provo, UT 84606

JM
UT UT 11449836-SA00, ID SP53647
Marcus & Millichap - Salt Lake City
Listed by Marcus & Millichap - Salt Lake City
$3,150,000
147 days on market
Updated 49 days ago
Opportunity zone

South Pointe

Details
Property Type Multifamily
Sub Type Student Housing
Square Footage 1,100
Net Rentable (SqFt) 1,100
Units 11
Price per SqFt $2,864
Year Built 1996
Buildings 1

Multifamily | 11 Units | $286,364/unit

Marketing description

Marcus & Millichap is pleased to present the Pointe Portfolio, a three-property student and conventional housing investment opportunity in Provo, Utah—one of the Mountain West’s most dynamic, university-driven markets. Located just minutes from Brigham Young University, the assets benefit from exceptional walkability to campus, consistent student demand, and long-term occupancy stability. The offering provides investors the flexibility to acquire the properties collectively as a portfolio or individually, allowing for tailored investment strategies, while capturing operational efficiencies and scale. Positioned within the fast-growing Provo–Orem metro, the assets feature stabilized operations and clear value-add upside through cosmetic enhancements and amenity upgrades, presenting a compelling opportunity with strong fundamentals and institutional appeal in a supply-constrained student housing submarket.

South Pointe: A student-oriented housing community located just south of Brigham Young University in Provo, Utah. Situated within close proximity to campus, South Pointe benefits from strong walkability and access to nearby retail, grocery, and dining options. With a total of 0.71 acres, there is potenital opportunity to build an additional phase. Built in 1996 and well maintained over time, the property features functional layouts and in-place operations that cater to long-term student housing demand. South Pointe presents a compelling opportunity to capture reliable occupancy and rental upside through modest upgrades in a high-demand market.

Investment highlights

3-Property Portfolio Investment Highlights:

Unmatched Proximity to BYU: Located just minutes from Brigham Young University, the portfolio benefits from consistent student demand, exceptional walkability to campus, and long-term occupancy stability.

Portfolio-Level Operational Efficiencies: These properties benefit from shared systems and management practices as part of a larger student housing portfolio, enabling reduced overhead and enhanced operational performance.

Clear Value-Add Upside: Each asset presents an opportunity for cosmetic upgrades and amenity enhancements, supporting rental growth and improved cash flow through targeted renovations.

Listing Contacts

JM
UT UT 11449836-SA00, ID SP53647
Marcus & Millichap - Salt Lake City
Listed by Marcus & Millichap - Salt Lake City

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Additional Information

Name
Jake Miles
License
UT 11449836-SA00
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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