Brand new 20-plex in Springville, UT. Great location just on the west side of the I-15 right off of 400 S exit. Located by numerous amenities close by and only 10 minutes from Provo and 30 minutes to Lehi. This unit offers a 7.1% cap rate with close to $7,000 in cash flow after "ALL" expenses, with 25% down. (See proforma) Property is "to be built" and must be pre-sold. Expected construction start date will be spring of 2018. Square footage to be verified as plans are being finalized. Pictures provided are from similar developments with varying floor plans.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
