251 E 300 S, Springville, UT 84663

$2,100,000
12
BD
12
BA
8,957
SqFt
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List Price
$2,100,000
Status
ACTIVE
MLS#
2151603
Days on Market
100
Year Built
1914
Bedrooms
12
Bathrooms
12
Square Feet
8,957
Parcel Number
06-015-0003
Acres
0.60
County
Utah
Region
Provo; Mamth; Springville
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385-296-4321

Property Description

This is an excellent investment opportunity providing significant immediate cashflow. This 12-unit historic apartment building features eleven 1-bedroom units and one studio apartment, as well as 12 large onsite storage units, producing current monthly income of $12,650. Located in the heart of Springville, this property has consistent occupancy history and high rental demand when units become available. This is an opportunity to acquire a stabilized building in a core location with reliable day-one income and straightforward management. Seller is willing to finance 75% of the purchase price at 3.99% for 3 years.

385-296-4321
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Additional Information

Taxes
$7,931
Elementary School
None/Other
Middle School
None/Other
High School
None/Other
Style
Stories: 3
Living Area
8,957
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Listing courtesy of Equity Real Estate (Results).

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