1125 W 250 S #3 photo 1
1 / 55
> 4 Units
$1,000,000 reduction
Active
709Days on Market

$4,900,000

$273/sqft+3.3%/yrHome values in the 84003 zip code have grown an average of 3.3% per year over the last 5 years.

$5,900,000↓$1,000,000 (17%)Apr 21

Mountain View

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About This Property

I'm interested

IMPROVED PRICE! Rare Investment Opportunity! Stabilized new 18 unit Apartment Building. Onsite management & model unit. Built 2024. Located in American Fork within walking distance of the American Fork TRAX station. Quick access to I-15, shopping, restaurants, entertainment. The Yard development consists of twelve 18-plex buildings (total 216 units). Each building has a single tax ID & owned by individual entity. Investor-oriented HOA. (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. 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.

Property Features

Heating

Electric,Forced Air,Gas: Central

Flooring

Carpet

Interior Features

Bath: Primary,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

Parking

Parking: Uncovered

HOA Details

HOA Fee$3,582/Monthly

Fee Includes

Insurance,Maintenance Grounds,Sewer,Trash,Water

Community Amenities

Clubhouse,Controlled Access,Fitness Center,Insurance,Maintenance,Management,Pet Rules,Pets Permitted,Pool,Sewer Paid,Snow Removal,Spa/Hot Tub,Storage,Trash,Water

Unit Breakdown

Type 1×3

3 bed · 2 bath · Square Feet: 1315

$1,970/mo each

= $5,910/mo

Type 2×9

2 bed · 2 bath · Square Feet: 1033

$1,680/mo each

= $15,120/mo

Type 3×6

1 bed · 1 bath · Square Feet: 807

$1,470/mo each

= $8,820/mo

Total Actual Rent(18 units)

$29,850/mo

Location

Estimated Monthly Payment

$30,166/mo

Down Payment$980,000 (20%)
Principal & Interest$24,852
Property Tax$1,732/mo
HOA (incl. insurance)$3,582/mo
Est. Total$30,166/mo

Based on 20% down, 6.529% rate, 30-yr fixed. For estimation only.

Generic estimate. Create an account to enter your down payment, rate, and cash on hand for a number tailored to you.

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MLS# 2023329• Tax ID: 56-040-0003

Courtesy of Sam Levin, Sky Realty · 801-652-7397 · sam@utahrealestate.biz

Property data from UtahRealEstate.com. Home value index from Zillow Research (zillow.com/research/data). Walkability data from Walk Score. Rent estimates from Rentometer. Public records (owner + loan) from the Salt Lake County Recorder; loan rate estimated from FRED's 30-yr average at origination month, balance assumes a 30-yr fixed with no extra payments. Property valuations by Rocco Value. Information deemed reliable but not guaranteed.

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Estimated Monthly Payment

$30,166/mo

Down Payment$980,000 (20%)
Principal & Interest$24,852
Property Tax$1,732/mo
HOA (incl. insurance)$3,582/mo
Est. Total$30,166/mo

Based on 20% down, 6.529% rate, 30-yr fixed. For estimation only.

Generic estimate. Create an account to enter your down payment, rate, and cash on hand for a number tailored to you.

Create account & personalize

MLS# 2023329• Tax ID: 56-040-0003

Courtesy of Sam Levin, Sky Realty · 801-652-7397 · sam@utahrealestate.biz

Property data from UtahRealEstate.com. Home value index from Zillow Research (zillow.com/research/data). Walkability data from Walk Score. Rent estimates from Rentometer. Public records (owner + loan) from the Salt Lake County Recorder; loan rate estimated from FRED's 30-yr average at origination month, balance assumes a 30-yr fixed with no extra payments. Property valuations by Rocco Value. Information deemed reliable but not guaranteed.

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Schools

Elementary

Trailside Elementary

Middle School

Orem

High School

Mountain View

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