Listed by Newmark Mountain West
$535,000
Lanai Condos Unit H4 (Near BYU)
Details
APN 453830029
Property Type Multifamily
Sub Type Student Housing
Square Footage 1,196
Beds 4
Cap Rate 4.56%
NOI $24,411
Tenancy Single
Class A
Buildings 3
Acreage 1.000
Investment Type Stabilized
Sale Condition N/A
Multifamily | 4.56% CAP
Marketing description
This condo unit is ideally situated in the heart of Provo's premier student housing corridor. The Property offers residents convenient access to Brigham Young University, providing a highly desirable living option for students seeking proximity to campus, academic facilities, dining, and entertainment amenities.
Investment highlights
- The condo has 4 individual rooms and 2 bathrooms
- Within walking distance of BYU campus
- Renovated and well maintained
- Fully leased by four women on year long contracts
Listing Contacts
Listed by Newmark Mountain West
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$24,411.00
$2,034.25/mo
Valuation Metrics
0
DSCR
4.56%
Cap Rate
4.56%
ROI
Map
Zoning
PRO-A2 PlannedProject Redevelopment Option Apartment 2
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View all 37 uses
View all 37 uses Last updated Jun 24, 2026 For deeper zoning details, reports are available at Zoneomics
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Property History
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