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
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.
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
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.
Salt Lake City Map
Provo City Map
Brigham Young University Map
Other BYU Condominium Web Pages:
BYU Condo Investing
Search for BYU Condos For Sale
Brigham Young University Condo Trends - Snapshot of BYU Student Condo Trends
BYU Condo Market - Sales Trends 2008
BYU Condominiums For Sale - Sales Trends 2010
BYU Condominium Sales - Historical Review of BYU Condo Prices Since 1996
BYU Condo Comparison - Rental Comparisons for BYU Student Condominiums Listed by Complex
BYU Approved Condominium Review List - Side-by-side Comparison of BYU Condo Features
Brigham Young University Campus and Provo Area Map
Brigham Young University Off-Campus Housing Boundary Map - Approved Condominium Boundaries
Barry J. Preusz,
REALTORŪ, Downtown Salt Lake
City Condo Specialist,
Equity Real Estate, 1218 East 7800 South, Salt Lake City, Utah 84094
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