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29361353
29361378

213 N Geneva Rd, Provo, UT 84601

SB
UT 11868692-PB00
$900,000
133 days on market
Updated 15 days ago

213 N Geneva Rd

Details
APN 40-079-0001
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,684
Units 4
Cap Rate 4.83%
NOI $43,483
Occupancy 100%
Pro-Forma Cap Rate 5.9%
Pro-Forma NOI $53,083
Price per SqFt $244
Broker Co-Op Yes
Class B
Year Built 1979
Buildings 1
Stories 2
Lot Size (SqFt) 10,454
Zoning R-3
Parking Spaces 4 per unit
Investment Type Value Add
Occupancy Date 01/23/2026

Well Positioned Fourplex in One of Utah County's Most Consistently in Demand Rental Markets

Marketing description


This well positioned fourplex offers a compelling opportunity for investors seeking stable income in one of Utah County's most consistently in demand rental markets. With four separate units under one roof, the property provides built in diversification, efficient management, and strong long term upside in a market driven by employment, education, and lifestyle demand. Located minutes from major employment corridors and nearby medical facilities, the property benefits from steady tenant demand tied to the broader Provo economy. Residents enjoy convenient access to Downtown Provo, home to local restaurants, shops, and year round events, as well as the Provo River Trail, offering miles of walking and biking paths through one of the area's most scenic outdoor corridors. Proximity to Utah Lake adds recreational appeal, while easy access to major roadways supports commuter convenience throughout Utah County and beyond. The surrounding neighborhood continues to see reinvestment and growth, strengthening long term appreciation potential. Whether you are expanding an existing portfolio or entering the Provo multifamily market, this fourplex presents an opportunity to secure a high demand asset in a location that consistently supports occupancy, rental growth, and long term value. Square footage figures are provided as a courtesy estimate only and were obtained from county records. Buyer is advised to obtain an independent measurement.

24 hour notice required for all showings. Main sewer line replaced in 2025. Financials available upon request.

Listing Contacts

SB
UT 11868692-PB00

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$43,483.00
$3,623.58/mo

Valuation Metrics

0
DSCR
4.83%
Cap Rate
4.83%
ROI

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Additional Information

Name
Sydney Battersby
License
11868692-PB00
Brokerage
District Living Collective
Brokerage Phone
8647648402
Title
Principal Broker
Brokerage Address
324 South 400 West
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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