1200 W LORI LN #C15 photo 1
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Condominium
Active
84Days on Market

$1,900,000

$523/sqft+4.0%/yrHome values in the 84032 zip code have grown an average of 4.0% per year over the last 5 years.
Mother-in-Law SuiteMountain ViewRV Parking

Price history — protected

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Property summary

1Bed3Baths3,634sqft2017Year
3
3rd Floor651 sqft
1Bed
1Full Bath
2
2nd Floor982 sqft
1Half Bath
1
Main Floor2,001 sqft
1Half Bath

4

Garage

0.06 acres2,614 sqft lot
I'm interested

About This Property

1200 Lori Lane #C15 is a rare opportunity to own a true income-producing investment property in the heart of the Wasatch Back. This 4,400 SF luxury flex space features three fully lockable levels, allowing for three separate tenants with no crossover between spaces--an increasingly sought-after configuration for today's investors. The property is currently 100% leased with three established long-term tenants in place, generating a 5%+ cap rate in one of Utah's fastest-growing markets. With seasoned leases, no vacancy, and immediate cash flow from day one, this is a stabilized asset designed for predictable returns. The main level features a 14-foot oversized garage door opening to approximately 2,000 SF of flex warehouse space, ideal for equipment storage, showroom use, or business operations. It also includes four private offices, a large conference room, break room/kitchen area, and secure separation between warehouse and office space. The second level offers more than 1,000 SF of residential living space, including a large bedroom, full en-suite bath, and spacious family room. The third level functions as a fully independent one-bedroom apartment with a designer kitchen, large bathroom, and comfortable living area. Both residential units benefit from strong rental demand due to their proximity to Deer Valley East Village and the Jordanelle corridor. Originally finished by one of Park City's most respected builders, the property showcases exceptional craftsmanship and quality throughout, supporting long-term tenant retention and asset value. Conveniently located just 5.5 minutes from Deer Valley East Village and 2 minutes from Jordanelle Reservoir, this property combines reliable cash flow with strong appreciation potential. With all three tenants in place, long-term leases, and a 5%+ cap rate that is increasingly difficult to find in the Park City area, this is a true turnkey investment opportunity.

Property Features

Heating

Forced Air

Flooring

Hardwood

Interior Features

Alarm: Fire,Disposal,Mother-in-Law Apt.,Range: Gas,Vaulted Ceilings,Smart Thermostat(s)

Parking

Rv Parking

HOA Details

HOA Fee$6,000/Annually

Fee Includes

Maintenance Grounds,Water

Community Amenities

Maintenance,Management,Snow Removal,Water

Location

Estimated Monthly Payment

$17,096/mo

Down Payment$380,000 (20%)
Principal & Interest$9,636
Property Tax$1,104/mo
Insurance (est.)$356/mo
HOA$6,000/mo
Est. Total$17,096/mo

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

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MLS# 2162534• Tax ID: 00-0021-1199

Courtesy of Jonathan Crosswhite, Christie's International Real Estate VUE · 435-659-4757 · jonathan.crosswhite@vuere.com

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

$17,096/mo

Down Payment$380,000 (20%)
Principal & Interest$9,636
Property Tax$1,104/mo
Insurance (est.)$356/mo
HOA$6,000/mo
Est. Total$17,096/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# 2162534• Tax ID: 00-0021-1199

Courtesy of Jonathan Crosswhite, Christie's International Real Estate VUE · 435-659-4757 · jonathan.crosswhite@vuere.com

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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South Summit

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