University Park Apartments, located at 225 E. 700 N., Provo, Utah, is one of Brigham Young University's closest off-campus student housing properties. Located only 75 yards from the southern border of BYU's campus, in the historic and student-dense Joaquin Neighborhood, University Park continuously enjoys full tenant occupancy due to its unbeatable next-door proximity to campus. While University Park used to be part of the tightly restricted BYU contracted housing, the university recently eliminated the need for students to live in contracted housing. University Park can now benefit from a broader renter base while having fewer landlord compliance requirements. This 2-story, all-brick property, built in 1971 and fully renovated in 2019, consists of 72 beds in twelve 3X2 units. Additionally, connected to the building is a 2 story, reinforced concrete, parking structure, which provides ample tenant parking. Provo, Utah was named the #1 strongest economy in the nation and enjoys a robust rental housing market. With its location just steps away from incredible outdoor recreation, popular restaurants and a wide variety of fun and enjoyable community locations and events, it has contributed to BYU becoming a destination for students from across the world. University Park has 100% occupancy and the overall off-campus vacancy rate at BYU is 1.6%.
Property Details
Property Features
Property Information:
Architectural Style: Other/See Remarks
Year Built: 2019
Stories: 0
Living Area: 16,988 SqFt
Listing Office:
Office Name: Redstone Residential Inc
Office Phone: (801) 999-0025
Listing Agent: Grant Collard
Interior Features
Bedroom and Bathroom Information:
Full Bathrooms: 24
Total Bedroom Count: 72
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Attached Garage: No
Lot Features
Lot Information:
Lot Size: 0.39 Acres
Price Information
Listing Price Info
Price Summary:
List Price: $5,900,000
Price Per SqFt: $347/SqFt
Tax Information:
Annual Amount: $10,720
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in Provo, UT.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/3/2024, 1:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$10,720
$1,715,000
2019
$8,713
$873,400
2017
$8,722
$808,720
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Provo Peaks School
665 E Center St
Distance between this listing and this school0.70 miles
Public District Grades PK-6
4
/10
Timpanogos School
449 N 500 W
Distance between this listing and this school0.75 miles
Public District Grades KG-6
7
/10
Wasatch School
1080 N 900 E
Distance between this listing and this school0.76 miles
Public District Grades KG-6
Nearby Schools
2
/10
Dixon Middle School
750 W 200 N
Distance between this listing and this school0.98 miles
Public District Grades 7-8
3
/10
Centennial Middle School
305 E 2320 N
Distance between this listing and this school1.55 miles
Public District Grades 7-8
6
/10
Reagan Academy
1143 W Center St
Distance between this listing and this school5.46 miles
Public Charter Grades KG-8
Nearby Schools
4
/10
Freedom Preparatory Academy
1190 W 900 N
Distance between this listing and this school1.32 miles
Public Charter Grades PK-12
1
/10
Independence High School
636 Independence Ave
Distance between this listing and this school1.71 miles
Public District Grades 5-12
7
/10
Timpview High School
3570 Timpview Dr
Distance between this listing and this school2.60 miles
The neighbors living near this home have an average income of $28,750. The most common annual income of people living in Provo, UT is less than $35k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 225 E 700 N
What is the listing price of this property?
The listing price of 225 E 700 N property is $5,900,000.
What type of property is this?
The property 225 E 700 N is a townhouse located in Provo, Utah, 84606.
Is this property for sale now?
Active Listing: 225 E 700 N is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $10,720 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 225 E 700 N has 72 bedrooms and 24 bathrooms.
What is the square footage of this property?
The property 225 E 700 N is 16,988 SqFt (source: MLS/tax record).
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This home is located at 225 E 700 N in Provo, UT and zip code 84606 in the Joaquin neighborhood. This 16,988 square foot home, which was built in 2019, sits on a 0.39 acre lot. Features: 72 bedrooms, 24 bathrooms. It has been listed on Rocket Homes since October 01, 2024 and is currently priced at $5,900,000.
The inventory of homes for sale in Provo, UT between October 2024 and November 2024 increased by 29.8%. The median list price of listings available in November 2024 was $580,000, while the average time on the real estate market was 101 days.
From Rocket Homes Real Estate and based on county public records data.
Based on information from UtahRealEstate.com All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information deemed reliable but not guaranteed accurate. The compilation of listings and each individual listing are Copyright © 2024 UtahRealEstate.com All rights reserved. 
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