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.

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