Stories: 3
1125 W 250 S 3
American Fork , UT 84003
MLS#: 2023329
$5,595,000
Property
Beds
33
Full Baths
None
1/2 Baths
None
Year Built
2024
Sq.Footage
17,966
IMPROVED PRICE! CURRENTLY ONE BUILDING IS STILL IN THE LEASE-UP PHASE. Rare Investment Opportunity! 4.6% CAP rate. Stabilized new 18 unit Apartment Building. On site management & model unit. Built 2024. Located in American Fork, UT, within walking distance of the American Fork TRAX station. Quick access to I-15, shopping, restaurants, entertainment. Amenities: Clubhouse, Pool, Gym (Currently under construction). The Yard development consists of twelve 18-plex buildings (total 216 units). Each building has a single tax ID & owned by individual entity. (3) 3 bed 2 bath units, (9) 2 bed 2 bath units, and (6) 1 bed 1 bath units. Each un...
Features & Amenities
Interior
-
Other Interior Features
Walk-In Closet(s), Granite Counters
-
Total Bedrooms
33
-
Bathrooms
N/A
-
Cooling YN
NO
-
Cooling
None
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Central, Natural Gas, Electric, Forced Air
Exterior
-
Garage
No
-
Construction Materials
Brick, Stucco
-
Other Exterior Features
Balcony, Lighting
-
Patio and Porch Features
Covered
-
Pool
No
-
View
Lake, Mountain(s)
Area & Lot
-
Lot Size(acres)
0.59
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
-
Architectural Style
Stories: 3
Price
-
Sales Price
$5,595,000
-
Tax Amount
12746.0
-
Zoning
R3
-
Sq. Footage
17, 966
-
Price/SqFt
$311
HOA
-
Association
YES
-
Association Fee
$3,582
-
Association Fee Frequency
Monthly
-
Association Fee Includes
N/A
School District
-
Elementary School
Alpine
-
Middle School
Orem
-
High School
Mountain View
Property Features
-
Accessibility Features
Customized Wheelchair Accessible, Accessible Entrance
-
Association Amenities
Cable TV, Clubhouse, Fitness Center, Insurance, Maintenance, Management, Pool, Snow Removal, Spa/Hot Tub, Storage, Trash, Water
-
Senior Community YN
NO
-
Sewer
Public Sewer
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Location
County
Utah
Elementary School
Alpine
Middle School
Orem
High School
Mountain View
Listing Courtesy of Sam Levin , Sky Realty
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Principal Broker
JEANTANNER
Call JEAN today to schedule a private showing.
