Vineyard, UT 84059,283 N 590 E
Vineyard, UT 84059,283 N 590 E
Vineyard, UT 84059,283 N 590 E
Vineyard, UT 84059,283 N 590 E
Vineyard, UT 84059,283 N 590 E
Vineyard, UT 84059,283 N 590 E
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$ 4,900,000
Est. payment | /mo

33 Beds

30 Baths

17,967 SqFt


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$ 4,900,000
Est. payment | /mo
Save

33 Beds

30 Baths

17,967 SqFt

Key Details

Property Type Multi-Family

Sub Type > 4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 17,967 sqft

Price per Sqft $272

Subdivision The Vine Apartments

MLS Listing ID 2128973

Style Stories: 3

Bedrooms 33

Construction Status Blt./Standing

HOA Fees $4,410/mo

HOA Y/N Yes

Year Built 2017

Annual Tax Amount $24,647

Lot Size 6,969 Sqft

Acres 0.16

Lot Dimensions 0.0x0.0x0.0

Property Sub-Type > 4 Units

Property Description

Rare multifamily investment opportunity consisting of a modern 18-unit apartment building located in Vineyard, Utah. Built in 2017, this three-story property offers a highly desirable unit mix, strong historical occupancy, and a location positioned for long-term rental demand. The property features a mix of spacious floor plans including three 3-bed/2-bath units, nine 2-bed/2-bath units, and six 1-bed/1-bath units. Interior finishes include stainless steel appliances, granite countertops, walk-in closets, pantry space, washer/dryer hookups, and a combination of carpet and vinyl flooring. Units are cable and internet ready, with select accessibility features. On-site amenities include a leasing office, clubhouse, fitness center, pool and hot tub, playground, basketball court, grill and picnic areas, pet play area, bicycle storage, and EV charging. The property has demonstrated consistent occupancy in the 96-98% range, supported by strong local demand. Ideally located within walking distance of the Vineyard UTA station with quick access to I-15, shopping, dining, and entertainment. Minutes from Utah Valley University, BYU, and other major employment and education centers. Seller-provided financials reflect strong in-place operations. NOI, cap rate, and full financial details are available upon request in the Offering Memorandum. Do not disturb tenants. Showings by appointment only.

Location

State UT

County Utah

Area Pl Grove; Lindon; Orem

Zoning Multi-Family

Interior

Interior Features Bath: Primary, Closet: Walk-In, Disposal, Range/Oven: Free Stdng., Granite Countertops, Dishwasher: Built-In

Heating Forced Air, Gas: Central

Flooring Carpet

Inclusions Ceiling Fan, Dryer, Microwave, Range, Refrigerator, Washer

Fireplace No

Window Features Blinds

Exterior

Exterior Feature Lighting, Patio: Covered, Sliding Glass Doors

Community Features Clubhouse

Utilities Available Natural Gas Connected, Electricity Connected, Sewer Connected, Sewer: Public, Water Connected

Amenities Available Barbecue, Cable TV, Clubhouse, Fire Pit, Fitness Center, Maintenance, Management, Pets Permitted, Picnic Area, Playground, Sewer Paid, Snow Removal, Tennis Court(s), Trash, Water

View Y/N Yes

View Lake, Mountain(s)

Roof Type Flat,Membrane

Present Use Residential

Topography Curb & Gutter, Road: Paved, Sidewalks, Sprinkler: Auto-Full, Terrain, Flat, View: Lake, View: Mountain

Handicap Access Fully Accessible, Ground Level

Porch Covered

Total Parking Spaces 36

Private Pool No

Building

Lot Description Curb & Gutter, Road: Paved, Sidewalks, Sprinkler: Auto-Full, View: Lake, View: Mountain

Sewer Sewer: Connected, Sewer: Public

Water Culinary

Structure Type Brick,Stucco

New Construction No

Construction Status Blt./Standing

Schools

Elementary Schools Vineyard

Middle Schools Lakeridge

High Schools Mountain View

School District Alpine

Others

HOA Fee Include Cable TV,Maintenance Grounds,Sewer,Trash,Water

Senior Community No

Tax ID 54-316-0007

Monthly Total Fees $4, 410

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Ascent Real Estate Group LLC
Gabriel Bond

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(801) 830-6076

gabrielbondrealtor@gmail.com

6975 Union Park Avenue, Cottonwood Heights, UT, 84047

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283 N 590 E