Active
1125 W 250 S #3
American Fork UT, 84003
$5,900,000
$328.38 per sqft
Active
33 Beds
30 Baths
17,967 sqft
Residential
Built in 2024
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.
2023329
MLSⓇ ID
September 13, 2024
Listed
November 22, 2024
Updated
Map
1125 W 250 S #3
American Fork UT, 84003
Interior Features
Total Stories
0
Bedrooms
33
Total Bathrooms
30
Interior Features
Bath: Master, Closet: Walk-In, Disposal, Range/Oven: Free Stdng, Granite Countertops, Dishwasher: Built-In
Floor Description
Carpet
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Electric, Forced Air, Gas: Central
Exterior/Building Features
Lot Size
0.59 Acres
Exterior Features
Balcony, Double Pane Windows, Lighting, Patio: Covered, Sliding Glass Doors
Lot Features
View: Lake, View: Mountain
Architectual Style
Stories: 3
Roof
Membrane
Sewer
Sewer: Connected, Sewer: Public
School Information
School District
Alpine
High School
Mountain View
Elementary School
Trailside Elementary
Other Property Details
Area Name
Am Fork; Hlnd; Lehi; Saratog.
Taxes
$3,735
Tax Frequency
Annually
Days on Market
59
Association Fee
$3,184
Association Fee Frequency
Monthly
Association Amenities
Cable TV, Clubhouse, Controlled Access, Fitness Center, Insurance, Maintenance, Management, Pet Rules, Pets Permitted, Pool, Sewer Paid, Snow Removal, Spa/Hot Tub, Storage, Trash, Water
Garage
No
Parking
Parking: Uncovered
Parking Total
36
View
Yes
View Description
Lake, Mountain(s)
County
Utah
Water Source
Culinary
Pool
No
Zoning
Multi-Family
Courtesy of Sky Realty Company, LLC
Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 10:14 PM UTC, 11/22/2024. 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 deemed reliable but not guaranteed and should be independently verified. Properties may or may not be listed by the office/agent presenting the information. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Peter Morkel shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Wasatch Front Regional MLS, Inc. All rights reserved.