1 / 17

> 4 Units

$351,000 reduction

Active

187Days on Market

$4,299,000

$239/sqft+2.4%/yrHome values in the 84059 zip code have grown an average of 2.4% per year over the last 5 years.

$4,650,000↓$351,000 (8%)Aug 1

Mountain ViewPool

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About This Property

This modern 18-unit, Class A apartment building in rapidly growing Vineyard, Utah offers a strong investment opportunity in a high-demand submarket. Built in 2017, the property features a desirable mix of 3-, 2-, and 1-bedroom units with granite countertops, stainless steel appliances, in-unit laundry, walk-in closets, and private patios. Residents enjoy resort-style amenities including a clubhouse, pool, 18-person hot tub, fitness center, playground, sport court, BBQ areas, pet parks, and EV charging. Ideally located near the Vineyard FrontRunner station, I-15, UVU, BYU, shopping, and dining, the property is well positioned for continued rent growth and long-term appreciation.

Property Features

Heating

Electric

Flooring

Carpet

Interior Features

Bath: Primary,Closet: Walk-In,Disposal,Range/Oven: Free Stdng.,Granite Countertops

Exterior Features

Deck; Covered,Double Pane Windows,Lighting,Patio: Covered,Sliding Glass Doors

Parking

Parking: Uncovered

HOA Details

HOA Fee$4,410/Monthly

Community Amenities

Barbecue,Clubhouse,Fire Pit,Fitness Center,On Site Security,Management,Picnic Area,Playground,Pool,Spa/Hot Tub

Unit Breakdown

Type 1×18

0 bath

$0/mo each

= $0/mo

Total Actual Rent(18 units)

$0/mo

Location

Estimated Monthly Payment

$29,020/mo

Down Payment$859,800 (20%)

Principal & Interest$21,804

Property Tax$2,000/mo

Insurance (est.)$806/mo

HOA$4,410/mo

Est. Total$29,020/mo

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

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MLS# 2138464• Tax ID: 54-316-0006

Courtesy of Chantal Drew, Luxury Group · chantalutahrealty@gmail.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.