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249 W GARDEN PARK photo 11 / 27

$295,000

249 W GARDEN PARK, Orem, UT 84057

Type

Condo

List Price

$295,000

Price/Sqft

$176

Est Gross Yield

5.5%

$16,140/yr est.

Property Details

Property typeCondo
Year built1974
Total units1
Living area1,680 sqft
Bedrooms2
Bathrooms2
Lot size0.02 acres
Parking1 spaces
Days on market101
Listed2026-03-20T00:00:00+00:00

Description

**Seller offering a $10,000 credit toward buyer's closing costs.** Fantastic condo located in the heart of Orem! Enjoy easy access to public transportation, shopping, dining, grocery stores, USPS, car wash services, and the freeway-everything you need is just minutes away. This second-floor unit features two spacious bedrooms and two full bathrooms, offering comfort and convenience. You'll love being within walking distance of the Orem Recreation Center and Mountain View High School. A standout feature is the private, secure storage area with a separate entrance, offering three bays and plenty of space for all your storage needs. Community amenities include a swimming pool, clubhouse, playground, and RV parking, making this a great place to live and relax. Square footage figures are provided as a courtesy estimate only and were obtained from County Records. Buyer to verify all.

Listed by Jill Wilson · Coldwell Banker Realty (Provo-Orem-Sundance)

Location

249 W GARDEN PARK, Orem, UT 84057

Proforma

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Cap Rate

3.64%

Cash-on-Cash

-2.77%

Cash Flow

-$255/mo

Purchase Price$295,000
Down Payment35% ($103,250)
Interest Rate6.00%
Monthly Rent$1,345/mo
Vacancy5%
Expense Ratio30% ($4,600)

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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.

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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 6/29/2026, 4:02:06 AM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing data provided by UtahRealEstate.com.