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$915,000
225 W 1030 N, Orem, UT 84057
Units
4
Price/Unit
$228,750
Price/Sqft
$273
Property Details
Unit Mix
| Type | Count | Beds | Baths | Sqft | Rent/Mo |
|---|---|---|---|---|---|
| 2BR / 1BA | 1 | 2 | 1 | — | $1,350/mo |
| 2BR / 1BA | 1 | 2 | 1 | — | $1,412.5/mo |
| 2BR / 1BA | 1 | 2 | 1 | — | — |
| 2BR / 1BA | 1 | 2 | 1 | — | — |
Description
Located in a prime location in Orem within walking distance to bus stops, grocery stores, restaurants, coffee shops, auto shops etc. making it very convenient for everyone. 3 units have had updates, one just got new paint and new carpet and every unit has had A/C installed in the last few years. 2 units just came available so a buyer could raise the rent if desired. These units are always occupied and rent very easily. Current owner has been receiving $1350 a month per unit making this a solid investment.
Listed by Nikki Forsyth · Fathom Realty (Orem)
Proforma
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Cap Rate
4.43%
Cash-on-Cash
-0.66%
Cash Flow
-$188/mo
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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.
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