$4,299,000
Vineyard, UT 84059
MLS# 26-269550
17962 sqft
1 / 26
Property Description
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. 94% average occupancy rate.
Details
Contract Info
Original List Price: 4650000
Listing Date: 2026-02-19
Status: Active
Short Sale Status: No
General Prop Info
Realtor.com: Multi-Family
Lot Acres: 0.16
Hot Tub YN: No
Pool Private YN: No
Year Built: 2017
# of Buildings: 1
Number of Units: 18
1 Bedroom Aprx SqFt: 813
2 Bedroom Aprx SqFt: 1039
3 Bedroom Aprx SqFt: 1323
Total SqFt: 17962
# Floors: 3
HOA Transfer Fee: Yes
Transfer Fee Amount: 12,000
Location Tax Legal
Geo Lat: 40.307859
Geo Lon: -111.760425
List Price: $4,299,000
Current Price: $4,299,000
House Number: 266
Street Direction Pfx: N
Street Name: 590
Street Direction Sfx: E
MLS Area: Outside Area
State/Province: UT
Postal Code: 84059
County: Other
Tax ID: 54:316:0006
Annual Grs Rntl Inc
# 1 Bedroom Units: 6
1 Bedroom Rent: 1385
1 Bedroom Total Rent: 8310
# 2 Bedroom Units: 9
2 Bedroom Rent: 1630
2 Bedroom Total Rent: 14670
# 3 Bedroom Units: 3
3 Bedroom Rent: 1885
3 Bedroom Total Rent: 5655
Potential Rental Inc: 343620
Annual Oper Expenses
Real Estate Taxes: 17456
Property Insurance: 5187
Payroll-Onsite Prsnl: 24
Repairs & Maint: 15625
Sewer/Water: 1871
Miscellaneous: 16865
Total Oper Expenses: 112991
Net Operating Income: 231465
Property Features
Construction: Stucco
Roof: Metal
Heating: Electric
Air Conditioning: Central Air
Showing Instructions: Call Listing Agent; Mgmt Company
Zoning: Multi-Family; PUD
Terms of Sale: 1031 Exchange; Cash; Conventional
Possession: Close Of Escrow
Listing Office: Luxury Group
Last Updated: August - 01 - 2026
Information deemed reliable but not guaranteed.