The Yard 18-plex Building 3 - New Modern Apartments
Multifamily | 18 Units | $272,222/unit
Marketing description
IMPROVED PRICE!
Rare Investment Opportunity! Stabilized new 18-unit Apartment Building. On site management. Built in 2024. 3-story modern 18-plex apartment building located in a highly desired location!
Located in American Fork, UT, within walking distance of the American Fork TRAX station. Quick access to I-15, shopping, restaurants, entertainment. Amenities: Clubhouse, Pool, Gym (Currently under construction).
The Yard development consists of twelve 18-plex buildings (total 216 units). Each building has a single tax ID & owned by individual entity. Investor friendly 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.
Current rents are below market, anticipating rent increases. Please see the OM, Flyer and Pro Forma for details.
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.
Viewing information: Please call for an appointment. Agent must coordinate with on site management for tour of the actual building. Model unit is available to tour during business hour. Virtual Tours: https://yardutah.com/floor-plans/
All information is deemed reliable but not guaranteed. Buyer is responsible to verify all listing information.
Investment highlights
IMPROVED PRICE!
Rare Investment Opportunity: Stabilized new 18-unit apartment building in American Fork,
Built in 2024: Modern, 3-story design with on-site management.
Prime Location: Walking distance to American Fork TRAX station; quick access to I-15, shopping, restaurants, and entertainment.
Amenities: Clubhouse, pool, hot tub, gym (currently under construction).
Modern Features: Open floor plans, large windows, wood-type flooring, granite countertops, upgraded white cabinets, 9' ceilings.
Anticipated rent increases: Current Rents are below market with anticipated increases upon completion of the amenities
Unit Mix (Total 18-units)
3 beds, 2 baths: 3 units
2 beds, 2 baths: 9 units
1 bed, 1 bath: 6 units
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
