$6,200,000
Vineyard, UT 84059
MLS# 24-249866
Status: Closed
17967 sqft
1 / 22
Property Description
Rare Investment Opportunity 18 unit Apartment Building. On site Amenities/Management. Built 2019. Hard to find, 3 story modern18 plex apartment building is a fantastic investment. Located in Vineyard, UT within walking distance of the Vineyard UTA station. Quick access to I-15, shopping, movies, restaurants, and just minutes drive from Utah Valley University, BYU, and University of Phoenix. 3 bed 2 bath units= 3 (1,299-1,319)SF/ 2 bed 2 bath units=9 (1,020-1,040) SF/ 1 bed 1 bath unit = 6 (794-814) SF Stainless Steel appliances, granite countertops, walk - in closets, Pantry, Family Room, Window Coverings, High Speed Internet Access, Cable ready, Dishwasher, Disposal, Washer/Dryer Hook up, Refrigerator, Oven, Carpet, Vinyl Flooring, Wi-Fi, Wheelchair accessible On site
Details
Maps
Documents
Contract Info
Original List Price: 6200000
Short Sale Status: No
Listing Date: 2024-04-08
General Prop Info
Realtor.com: Multi-Family
Lot Acres: 0.16
# of Buildings: 1
1 Bedroom Aprx SqFt: 813
2 Bedroom Aprx SqFt: 1030
3 Bedroom Aprx SqFt: 1323
# Floors: 3
Elevators: Yes
HOA Transfer Fee: Yes
Transfer Fee Amount: 12,000
Year Built: 2019
Number of Units: 18
Total SqFt: 17967
Location, Tax & Legal
Unit #: Building 26
Total Taxes: 13258
Tax Year: 2023
Elementary Schools: Out of Area
Intermediate Schools: Out of Area
Jr. High Schools: Out of Area
Sr. High Schools: Out of Area
List Price/SqFt: 345.08
Geo Lat: 40.301301
Geo Lon: -111.740424
List Price: $6,200,000
Current Price: $6,200,000
House Number: 556
Street Direction Pfx: E
Street Name: 250
Street Direction Sfx: N
MLS Area: Outside Area
State/Province: UT
Postal Code: 84059
County: Other
Tax ID: 54-316-0026
Status Change Info
Sold Price/SqFt: 322.81
Sold Date: 2024-06-18
Under Contract Date: 2024-05-16
Status: Closed
Annual Grs Rntl Inc
# 1 Bedroom Units: 6
# 2 Bedroom Units: 9
# 3 Bedroom Units: 3
Construction
Stucco: 1
Separate Meters
Electric: 1
Gas: 1
Zoning
Multi-Family: 1
Garage/Carport
Garage Spaces: 21000
Terms of Sale
1031 Exchange: 1
Cash: 1
Conventional: 1
Roof
Tar/Gravel: 1
Heating
Gas FA: 1
Air Conditioning
Central Air: 1
Showing Instructions
Call Listing Agent: 1
Property Features
Construction: Stucco
Separate Meters: Electric; Gas
Roof: Tar/Gravel
Heating: Gas FA
Air Conditioning: Central Air
Showing Instructions: Call Listing Agent
Zoning: Multi-Family
Terms of Sale: 1031 Exchange; Cash; Conventional
Supplements
amenities Include: Public Transportation walking distance, Car charging station, Pet Play area, On site property Maintenance, Leasing office on site, Clubhouse, Fitness Center, Playground, Pool, Hot Tub, Basketball Court, Grill, Lounge/Clubhouse, Picnic area, Lawn care, Bicycle storage, and 100% occupancy ... consistently. Financial summary brochure for this building will be added shortly. Please call agent and ask for rent rolls, Income Statement for NOI, and Owner's Statement. Please call for an appointment. Agent must coordinate with on site management for tour. All units are leased, so you may be viewing a model unit that would be similar. All information is deemed reliable but not guaranteed. Buyer is responsible to verify all listing information. Realty One Group Distinction is not responsible for HOA transfer fee accuracy.
Financial Summary 
Listing Office: Distinction Real Estate
Last Updated: October - 07 - 2024
Information deemed reliable but not guaranteed.