USAUTSpringvilleThe Cottages28 W 300 S
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New
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$2,000,000

For Sale

8 days ago

28 W 300 S, Springville, UT

House

MLS® 2189137

29 Bed

14 Bath

11805 sqft

21 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential
Size 11805 sqft
Garage Yes
Taxes $8,345
Days Active 26
Lot Size 0.52 Acres
Approx. Age 1935
Avg. Price Per Sqft $169
MLS® Number 2189137

Property Address: 28 W 300 S, Springville, UT, 84663-1329

Average square foot calculated using Size range provided by listing agent.

Description

Do NOT Disturb Tenants. Rare opportunity to own "The Cottages" of Springville, Utah. 100% occupied, 12-unit property conveniently located just off Main Street in the heart of Springville, Utah. Springville is strategically located between southern Provo and Spanish Fork, providing a convenient base for residents who work, study, or spend time in the surrounding area. This parcel consists of 3 duplexes, 6 single family homes, 9 individual garages. 29 total bedrooms, 14 baths. With current gross rents over $11, 300 per month, an attractive cap rate, and projected long-term returns, this property is ideally positioned for both immediate cash flow and appreciation. All leases are monthly, except two units, giving the new owner an opportunity to evaluate adjustments as leases allow since rents have not been increased in several years. Buyers should independently verify market rent potentials, garage rent potentials, pet rent potentials and review the current leases. All units come with washer, dryer, refrigerator, range, dishwasher, window AC unit. Excluded items: Tenant personal property including but not limited to all microwaves, all curtain rods and drapes, all ring doorbells, all cameras. Buyer to verify with city all possible uses of this property including but not limited to hotel/motel, short term rental, bed and breakfast Inn all uses are subject to city approval and buyer to verify. Seller has adjacent parcel for sale see MLS #2189099. Square footage figures are provided as a courtesy estimate only and were obtained from county records. Buyer is advised to obtain an independent measurement.
MLS® Number2189137
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1935
Basement
DrivewayCovered, Parking: Uncovered, Detached
Garage Spaces
HeatGas: Radiant
A/C

Extras

Dryer, Range, Refrigerator, Washer

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 3, 2026List Date
$2,000,000List Price
  • Commute

Commute

Starting Address
Destination Address
28 W 300 S, Springville, UT

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