Investing in a condo in Provo makes lots of sence especially for parents who have kids attending BYU, UVU or any of the trade schools here in Provo. There are several condos to choose from but if you do have a child attending BYU you may want to make sure the condo is approved for BYU off campus housing. Most condos can accommodate up to 3 students but there are some that are approved for more. Additionally there are several condos in Orem that make great rentals and if you do not have a student attending BYU these can be a great option.
There are over 60,000 students in the Provo/Orem area and most are in need of housing. Student condos typically are easy to sell when ready with the average days on market below 60. Each year there are new students and investor parents replacing graduating students with parents wanting to sell. The best student condos are the ones that are BYU approved or close to UVU.
In addition to condos for students there are several condos in areas away from campus that are great for families, single adults or the investor. There are even some luxury condos near the Riverside Country Club and up in Sherwood Hills.