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Key Details
Sold Price $5,800,000
Property Type Multi-Family
Sub Type > 4 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 17,967 sqft
Price per Sqft $322
Subdivision The Vines
MLS Listing ID 1990686
Sold Date 06/18/24
Style Stories: 3
Bedrooms 33
Construction Status Blt./Standing
HOA Fees $3,402/mo
HOA Y/N Yes
Year Built 2019
Annual Tax Amount $13,258
Lot Size 6,969 Sqft
Acres 0.16
Lot Dimensions 0.0x0.0x0.0
Property Description
Rare Investment Opportunity 18 unit Apartment Building. On site Amenities/Management. Built 2017. 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 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.
Location
State UT
County Utah
Area Orem; Provo; Sundance
Zoning Multi-Family
Direction 556 E 250 N Building #26
Interior
Interior Features Bath: Master, Closet: Walk-In, Disposal, Range/Oven: Free Stdng., Dishwasher: Built-In
Heating Electric, Forced Air, Gas: Central
Flooring Carpet
Equipment Window Coverings
Fireplace false
Window Features Blinds
Exterior
Exterior Feature Balcony, Double Pane Windows, Lighting, Sliding Glass Doors
Community Features Clubhouse
Utilities Available Natural Gas Connected, Electricity Connected, Sewer Connected, Sewer: Public, Water Connected
Amenities Available Barbecue, Clubhouse, Controlled Access, Fire Pit, Fitness Center, Maintenance, Management, Pet Rules, Pets Permitted, Picnic Area, Playground, Pool, Sewer Paid, Snow Removal, Spa/Hot Tub, Tennis Court(s), Trash, Water
View Y/N Yes
View Lake, Mountain(s), Valley
Roof Type Membrane
Present Use Residential
Topography View: Lake, View: Mountain, View: Valley
Accessibility Fully Accessible, Ground Level
Private Pool false
Building
Lot Description View: Lake, View: Mountain, View: Valley
Sewer Sewer: Connected, Sewer: Public
Water Culinary
Structure Type Brick,Stucco
New Construction No
Construction Status Blt./Standing
Schools
Elementary Schools Trailside Elementary
Middle Schools Orem
High Schools Mountain View
School District Alpine
Others
HOA Name Candy Dotson
HOA Fee Include Maintenance Grounds,Sewer,Trash,Water
Senior Community No
Tax ID 54-316-0026
Acceptable Financing Cash, Conventional, Exchange
Horse Property No
Listing Terms Cash, Conventional, Exchange
Financing Cash
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Bought with KW Westfield (Excellence)
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Kelli Stoneman
Broker Associate | License ID: 5656390-AB00
Broker Associate License ID: 5656390-AB00