265 N 670 E - Apartments FOR SALE


Vineyard, UT 84059- Outer Orem
$5,750,000 USD
801-362-0784
265 N 670 E, Vineyard, UT for Sale
$5,750,000 USD
Apartments - FOR SALE
1/44
null | 4.54% Cap Rate

265 N 670 E
Vineyard, UT 84059
Outer Orem


HIGHLIGHTS

  • Great Location!
  • Open Floor Plan
  • Nice, newer units

OVERVIEW

Fantastic investment opportunity in Vineyard! This 3 story 18 unit apartment features: 3 bed / 2 bath units = 3 (1299 Sq Ft), 2 bed / 2 bath units = 9 (1020 Sq Ft), 1 bed / 1 bath units = 6. Each unit has granite counter tops, stainless steel appliances, pantry, walk in closet, vinyl flooring, window coverings, and more. Great location that is close to I-15, restaurants, shopping and within walking distance to UTA station. Rents vary from $1,315 to $1,950. The average rent is $1,564 / month. Option to assume the seller's loan with a low interest rate of 4.3%! The Rent rolls and property financials are available upon request. Great onsite management. Many nice onsite amenities which include: gym, swimming pool, hot tub, pet play area, basketball courts, pickleball, clubhouse, EV charging station, grills and more. Buyer / Broker to verify all information. Seller / Agent.

FOR SALE DETAILS

PRICE

$5,750,000 USD

PRICE/SF

$320 USD /SF

# OF UNITS

18

PRICE/UNIT

$319,444

CAP RATE

4.54%

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Vine - Vineyard, UT

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2017

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

-

APN/PARCEL ID

54-316-0002

ASK ABOUT THIS PROPERTY

Lisa TurnerHarris Real Estate GroupMore Info
801-362-0784

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Lisa TurnerHarris Real Estate GroupMore Info
801-362-0784

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.