PROPERTY DETAILS
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The home for sale at 1125 W 250 S #3 American Fork, UT 84003 has been listed at $5,900,000 and has been on the market for 68 days.
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.
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General Information
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Price
$5,900,000
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Days on Market
68
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Area
Am Fork; Hlnd; Lehi; Saratog.
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Total Bedrooms
33
-
Total Bathrooms
30
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House Size
17967 Sq Ft
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Neighborhood
-
Address
1125 W 250 S #3 American Fork, UT 84003
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HOA
YES
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Lot Size
0.59
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Price/sqft
328.38
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Year Built
2024
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MLS
2023329
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Status
Active
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City
-
Term Of Sale
Cash,Conventional,Exchange
Inclusions
- Ceiling Fan
- Microwave
- Range
- Refrigerator
- Window Coverings
Interior Features
- Bath: Master
- Closet: Walk-In
- Disposal
- Range/Oven: Free Stdng.
- Granite Countertops
- Dishwasher: Built-In
Exterior Features
- Balcony
- Double Pane Windows
- Lighting
- Patio: Covered
- Sliding Glass Doors
Building and Construction
- Roof: Membrane
- Exterior: Balcony,Double Pane Windows,Lighting,Patio: Covered,Sliding Glass Doors
- Construction: Brick,Stucco
- Foundation Basement: d d
Garage and Parking
- Garage Type: No
- Garage Spaces: 0
HOA Dues Include
- 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
Land Description
- View: Lake
- View: Mountain
Price History
Sep 13, 2024
$5,900,000
Just Listed
$328.38/sqft
LOVE THIS HOME?
Schedule a showing or ask a question.
Kristopher
Larson
801-410-7917
Schools
- Highschool: Mountain View
- Jr High: Orem
- Intermediate: Orem
- Elementary: Trailside Elementary
This area is Car-Dependent - very few (if any) errands can be accomplished on foot. Some Transit available, with 2 nearby routes: 1 bus, 1 rail, 0 other. This area is Somewhat Bikeable - it's convenient to use a bike for a few trips.
Other Property Info
- Area: Am Fork; Hlnd; Lehi; Saratog.
- Zoning: Multi-Family
- State: UT
- County: Utah
- This listing is courtesy of: Sam LevinSky Realty Company, LLC. 801-704-3445.
Utilities
Natural Gas Connected
Electricity Connected
Sewer Connected
Sewer: Public
Water Connected
This data is updated on an hourly basis. Some properties which appear for sale on
this
website
may subsequently have sold and may no longer be available. If you need more information on this property
please email kris@bestutahrealestate.com with the MLS number 2023329.
PUBLISHER'S NOTICE: All real estate advertised herein is subject to the Federal Fair
Housing Act
and Utah Fair Housing Act,
which Acts make it illegal to make or publish any advertisement that indicates any
preference,
limitation, or discrimination based on race,
color, religion, sex, handicap, family status, or national origin.
