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29847267
29847268

266 N 590 E, Vineyard, UT 84059

NI
UT 11328605-pb
Southern Utah Luxury, Inc
Listed by Southern Utah Luxury, Inc
$4,495,000
114 days on market
Updated 66 days ago

Building 6- 3 story modern 18 plex apartment building

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 17,967
Net Rentable (SqFt) 17,967
Units 18
Cap Rate 5.00%
NOI $232,465
Occupancy 89%
Price per SqFt $250
Class A
Year Built 2017
Buildings 1
Stories 3
Lot Size (SqFt) 7,086
Zoning multi Family
Investment Type Net Lease
Ownership Coast Lodgings LLC

Building 6 - 3 Story Modern 18 Plex Apartment Building

Marketing description

Residents love the resort-style lifestyle: a full clubhouse, pool, 18-person hot tub, fitness center, sports courts, playground, BBQ stations, pet parks, and EV charging. Discover a rare investment opportunity with a modern 18-unit apartment community offering exceptional stability, strong tenant appeal, and a full suite of resort-style amenities. Built in 2017, this three-story property sits in the heart of Vineyard-one of Utah County's fastest-growing markets-just steps from the Vineyard UTA FrontRunner station and minutes from I-15, UVU, BYU, retail, restaurants, and entertainment. The property features a mix of spacious 1–3 bedroom residences, each designed for durability and tenant appeal with in-unit laundry, granite counters, stainless steel appliances, and private patios. A standout addition to any investment portfolio. Open to selling additional building for a package deal. Video https://drive.google.com/file/d/1Yg4EMHBCBgyNTPjhAGASfxGxvy6PBo1c/view?usp=drive_link


Investment highlights

The HOA includes a Clubhouse, Pool, Hot tub, Gym, Pet parks, Basketball court, Playground, BBQs, and Charging stations. Includes Direct TV, high-speed internet, water, sewer, trash, common area cleaning, maintenance, landscaping, and snow removal.

Listing Contacts

NI
UT 11328605-pb
Southern Utah Luxury, Inc
Listed by Southern Utah Luxury, Inc

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$232,465.00
$19,372.08/mo

Valuation Metrics

0
DSCR
5.17%
Cap Rate
5.17%
ROI

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Additional Information

Name
Natasha Isom
License
11328605-pb
Brokerage Phone
4357054990
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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