Provo Utah, Top 5 LEAST Vacant Cities

[Jack Aduwo]

This is an interesting article posted by @Mindy Jensen

Provo Utahis on the top 5 least vacant cities. This is not surprising to mebecause while there have been great new constructions in the Utah County area, i feel that Provo area kind run out of space hence demand for more rentals. With BYU and UVU colleges continuously growing every year, there is certainly more demand for rentals from students

This is certainly great news for someone who already has a property in the Provo / Orem area. I think because of the high rental demand it has been hard to buy a SFH / MFH in Provo / Orem area that makes a reasonable profit margin. Every time I hear someone mention a deal in the Provo area, they have not been what I would view as a deal in terms on Cash on Cash return.

In the Wasatch front area, there are certain areas I would regards as red spot, yellow spots and green spots. Provo is certainly red spot in my opinion. With the growth in Utah County, the yellow spots would certainly turn Red in the near future.

Here is the link to the article @Mindy Jensen posted.

https://www.biggerpockets.com/renewsblog/2016/02/1...