BYU Contracted Women’s Housing
Property Overview
800 N University Ave, Provo, UT 84606
Berkadia Salt Lake City Investment Sales is pleased to present this exclusive and rare investment opportunity to acquire historic student housing Amanda Knight Hall, approved for Brigham Young University (BYU) off campus women’s housing. The property features 57 beds across 13 units.
Rare BYU Student Housing Opportunity – 57 beds The property features 57 beds across 13 units. Built in 1939 and designed by Joseph Nelson, this property showcases a timeless English Tudor Revival style and stands as a cherished neighborhood gem, named after the esteemed BYU philanthropist Amanda Knight.
Amanda Knight Hall is fully occupied and features an assumable loan at an attractive rate of 3.25%, ensuring a strong initial yield and total return. With BYU's requirement for freshmen to reside in approved housing and only 20% of students accommodated on campus, a significant demand for off-campus housing remains, with 27,880 students seeking accommodations.
Assumable Loan Opportunity: $3.6M assumable loan with an attractive rate of 3.25% and over 7 years remaining
Excellent Location: Steps from the BYU Campus
Strong Historical Occupancy: consistently 100%
Award Winning Renovations: Recipient of the 2022 Community Stewardship Awards for Restoration
The Offering
PHOTO GALLERY
BACK TO TOP
800 N University Ave, Provo, UT 84606
Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage company business in Nevada.
© 2024 Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Berkadia® and Berkadia Commercial Mortgage® are trademarks of Berkadia Commercial Mortgage LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Commercial mortgage loan origination and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia Commercial Mortgage Inc. Tax credit syndication business is conducted exclusively by Berkadia Affordable Tax Credit Solutions. For state licensing details for the above entities, visit www.berkadia.com/licensing.
6955 S. Union Park Center
Suite 450
Midvale, UT 84047
Salt Lake City Investment Sales
Salt Lake City OFFICE
CONTACT Info
DIANNE HODNETT
Associate
801.839.3168
dianne.hodnett@berkadia.com
UT GRE 11397334-SA00
GREG BARRATT
Senior Managing Director
801.532.4901
greg.barratt@berkadia.com
UT GRE 7001869-SA00
Property
The Offering
Gallery
Document Center
Terms of Use
Privacy
Contact
VISIT DOC CENTER
Visit Doc Center
Total units
13
Stories
3
year Built
1931
Renovated
2021
Contact
Terms of Use
Privacy
Photo Gallery
The Offering
Property Overview
Visit Doc Center
Total Beds
57