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Property Description

Rare Investment Opportunity! Stabilized new 18 unit Apartment Building. On site management. Built 2024. Hard to find, 3-story modern 18-plex apartment building is a fantastic investment. Owner prefers to close after 01/01/2025, however Owner would consider December closing with a strong offer. 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 unit has a patio or balcony. Current rents are below market, anticipating rent increases. Please see the OM for more info. Modern Living at its finest, open floor plan, big windows for natural light, wood type flooring, granite countertops throughout, upgrade white cabinets, upgraded hardware, 9′ ceilings. Controlled access. Viewing information: Please call for an appointment. Agent must coordinate with on site management for tour of the actual building. Model unit is available to tour during business hour. All information is deemed reliable but not guaranteed. Buyer is responsible to verify all listing information.

Features
: Forced air, Electric, Gas: central
: 36
: Blinds
: Balcony, Double pane windows, Patio: covered, Sliding glass doors, Lighting
: Range/oven: free stdng., Bath: master, Closet: walk-in, Dishwasher: built-in, Disposal, Granite countertops
: Carpet
: Range, Refrigerator, Ceiling fan, Microwave, Window coverings
: Membrane
Click Here, Click Here
: Sewer: public, Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected
: Sewer: Connected, Sewer: Public
Additional Information
3735
Multi-Family
Trailside Elementary
Sky Realty Company, LLC
3
$0
Mountain View
Alpine
Alpine
Orem
Alpine
$5,900,000
55
56-040-0003
0.00
View: Lake, View: Mountain
Cable TV,Clubhouse,Controlled Access,Fitness Cente
Sprinkler: Auto-part,view: Mountain

Residential For sale

1125 W 250 S #3, American Fork, Utah 84003

33 Bedrooms
17,967 Sqft
$5,900,000
Listing ID #2023329
Basic Details
Status : Active
Property Type : Residential
Property sub-type : > 4 Units
Listing Type : For sale
Listing ID : 2023329
Price : $5,900,000
Bedrooms : 33
Sqft : 17,967 Sqft
Year Built : 2024
Lot Area : 0.59 Acre
Country : US
State : UT
County : Utah
City : American Fork
Zipcode : 84003
Subdivision : THE YARD
DOM : 0
Neighborhood : American Fork
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