Listed by Newmark Mountain West
$525,000
Lanai Condos Unit C3
Details
APN 116210004
Property Type Multifamily
Sub Type Student Housing
Square Footage 1,196
Beds 4
Cap Rate 4.67%
NOI $24,541
Tenancy Single
Class A
Parking Spaces 4 per unit
Sale Condition N/A
Multifamily | 4.67% 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 men 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
$24,541.00
$2,045.08/mo
Valuation Metrics
0
DSCR
4.67%
Cap Rate
4.67%
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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