1. Utah
  2. American Fork
  3. 1125 W 250 S #3
$5,595,000

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

  • 33 beds |
  • 30 baths |
  • 17,966 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 2024
  • Property Lot Size Icon0.59acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $311/sqft
  • Property List Date Icon Listed 11 months ago

Property Description

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 unit has a patio or balcony. Current rents are below market, anticipating rent increases. 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. Download more info: https://shorturl.at/BncoL 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.

Listing Status:
Active
Date Added:
September 13, 2024 at 06:00AM
Listing Office:
Sky Realty : 801-704-3445
Listing Agent:
Sam Levin : 801-704-3445
MLS ID:
2023329
  • General: Bath: PrimaryCloset: Walk-InDisposalRange/Oven: Free Stdng.Granite CountertopsDishwasher: Built-In
  • Flooring: Carpet
  • Heating: ElectricForced AirGas: Central
  • Disability Feature: Fully AccessibleGround LevelSingle Level LivingCustomized Wheelchair Accessible

This listing courtesy of Sam Levin, Sky Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

Greenwood Elementary

50 E 200 S, American Fork, UT, 84003

Grades PK-6

1.59 miles away

A

Alpine Online School

575 N 100 E, American Fork, UT, 84003

Grades KG-8

1.99 miles away

L

Lehi High School

180 N 500 E, Lehi, UT, 84043

Grades 10-12

1.46 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.