– Provo, UT –
10 YR IRR:
(includes vacancy, expenses and property management fees)
Provo represents the core of the Provo-Orem metropolitan area, which has a combined population of 617,678 and is located directly south of the Salt Lake Metropolitan area. The Provo metro boasts an impressively low unemployment rate of 2.8% as of Feb. 2019, (according to the Bureau of Labor Statistics). In fact, from Feb. 2014 to Feb. 2019, unemployment in the Provo metro area has averaged just 3.1%. This has lead to increased rents and decreased vacancy rates across the board.
The Provo metro is experiencing massive population growth due to in-migration and a large natural birth rate, making it the youngest population in the country. Increased expansion in the technology sector along with two large universities are expected to lead to continued profitability in the multi-family investment sector.
Blackstone Farms Fourplexes are presented by:
Chase Leavitt, RE/MAX Equity
Steve Olson, RE/MAX Equity
Sherida Zenger, RE/MAX Equity
in partnership with FIG – Fourplex Investment Group.
For more information contact:
Chase Leavitt 435.632.7028
Steve Olson 801.362.3392
Sherida Zenger 801.787.6665