MLS #2023329 | 1125 W 250 S #3, American Fork

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> 4 Units for Sale

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.

Price Insights

Current price
Price per sq ft
Price per finished sq ft
HOA fee

$5,900,000
$328 / square foot
$328 / finished sq ft
$3,184 / month

69 Days on the Market

Status: Available

Schools, Inclusions, & Exclusions

Ceiling Fan, Microwave, Range, Refrigerator, Window Coverings
Inclusions are often re-negotiated during contract negotiation.

No items have been listed as excluded.

Alpine School District

Elementary: Trailside Elementary
Middle: Orem
Senior: Mountain View

The Numbers

Interior :
Style :
Year built :
Lot acres :
Lot sq ft :

17,967 square feet
Style: 3 Story
2024
.59 acres
25,700 square feet

Home Features & Amenities

Features: Master Bathroom, Walk-in Closet, Disposal, Free Standing Range/Oven, Granite Countertops, Dishwasher: Built-In
Flooring: Carpet
Window Coverings: Blinds
Heating: Electric, Forced Air, Central Gas
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
Accessibility: Fully Accessible, Ground Level, Single Level Living, Customized Wheelchair Accessible
Utilities: Natural Gas Connected, Electricity Connected, Sewer Connected, Public Sewer, Water Connected

Exterior: Brick, Stucco
Roof: Membrane
Style: 3 Story

Lot Size: 0.59 Acres (25, 700 sqft)
Utah County
Lot Info: Lake View, Mountain View
Subdivision: The Yard

Private Showing

For showing appointments, call Kris Carrigan, Realtor^® to view the home at 1125 W 250 S #3 in American Fork. Give Kris Carrigan, Realtor^® a call at (801) 781-0360.

1125 W 250 S #3 was listed on Sep 12th, 2024 by Sky Realty Company, LLC, a real estate brokerage. 801-704-3445 is the contact info for the listing brokerage contact assigned for this listing.

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