28 W 300 S, Springville, UT 84663

Springville
Local realty services provided by:ERA Brokers Consolidated
28 W 300 S,Springville, UT 84663
$2,000,000
  • 29 Beds
  • 14 Baths
  • 11,805 sq. ft.
  • Multi-family
  • Active
Listed by: lisa a fluty
Office: homes international
MLS#:2189137
Source:SL

Price summary

  • Price:$2,000,000
  • Price per sq. ft.:$169.42

About this home

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...

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Home facts

  • Year built:1935
  • Subdivision & Development:THE COTTAGES
  • Listing ID #:2189137
  • Added:1 day(s) ago
  • Updated:October 04, 2026 at 01:05 AM

Rooms and interior

  • Bedrooms:29
  • Total bathrooms:14
  • Flooring:Carpet, Tile
  • Kitchen Description:Dishwasher: Built-In, Kitchen: Updated, Range/Oven: Free Stdng.
  • Living area:11,805 sq. ft.

Heating and cooling

  • Heating:Gas: Radiant

Structure and exterior

  • Roof:Asbestos Shingle, Asphalt, Membrane
  • Year built:1935
  • Building area:11,805 sq. ft.
  • Lot area:0.52 Acres
  • Lot Features:Curb & Gutter, Fenced: Partial, Flat, Sidewalks
  • Construction Materials:Brick, Cinder Block, Stucco
  • Exterior Features:Patio: Open, Porch: Open

Schools

  • High school:Springville
  • Elementary school:Westside

Utilities

  • Water:Culinary, Water Connected
  • Sewer:Sewer Connected, Sewer: Connected

Finances and disclosures

  • Price:$2,000,000
  • Price per sq. ft.:$169.42
  • Tax amount:$8,345

Parking

  • Total parking spaces:21
  • Parking description:8-11 Car, Covered, Detached, Parking: Uncovered
  • Garage spaces:9

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