BYU Condo Investing
If you have students heading for BYU and are faced with years of student housing
fees, investing in a condo or townhouse may provide the housing your student
needs while providing you with a long-term growth investment.
Real estate has been one of the safest investments for decades. Many find that the
expenses associated with housing their students while attending college can be
recouped by investing in off-campus student housing. The advent of condos and
townhouses allow parents to invest in a single unit without having to buy the
entire complex. There are many advantages to investing in a student condo or
townhouse. Investing in a student condominium converts the expenses for student
housing into a long-term financial investment that can later be sold for a
profit when the student graduates. Holding the property for at least two years
carries certain tax advantages. Student roommates can provide additional sources
of income. The continued growth of the Provo area has consistently produced
increasing values in real estate throughout the area.
There are three key factors for selecting the right condominium that meets
your students needs and your investment needs. First, the condo must fit in your
investment strategy. Price, location, investment growth and cash flow are a few
essential considerations. Second, the condo must meet the needs of your student.
Proximity to campus, bus stops and shopping as well as the condition of the
condo, size, adequate bathroom facilities and parking. Third, the condominium
should meet Brigham Young University's undergraduate housing requirements.
Although your student could receive a waiver to live in a parent owned condo,
many find that meeting the housing requirements facilitates leasing to roommates
and the value of the condo when it is time to sell.
Search and find the right BYU condo
that meets your students needs and your investment needs. We can help you locate
a condo or townhouse for sale that is approved by BYU housing.
Click here for a boundary map
of approved BYU student off-campus contracted housing in Provo, Utah.
Obtain a current list of
BYU approved student off-campus housing.
If you would like a professional
search, we can provide you with a list of BYU approved condos and townhouses
that are currently listed on the market for sale. After you select the property
that best meets your students needs, your investment strategy and your long-term
goals, we will negotiate your terms with the seller, monitor the transaction
process keeping you informed with updates and options available, and we will be
present at settlement to ensure your interest is fully and professionally
represented.
Do you need some real estate market trend information for the Provo, Utah
area? Compare BYU approved condos -
average rental price, deposit amount, address, swimming pool, parking, etc. Click here for a trend report on BYU
approved condos, displaying average condo price, average square foot,
average days on market, etc.
Email us to get started.
Salt Lake City Map
Provo City Map
Brigham Young University Map
Barry J. Preusz,
REALTOR®, Downtown Salt Lake City Condo Specialist,
Equity Real Estate,
7090 Union Park Center, Midvale Utah, 84047
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