556 E 250 N Building 26, Vineyard, UT 84059

$6,200,000
Property Type: MultiFamily Square Footage: 17,967 Lot Size (sq. ft.): 6,970 Status: Closed
Current Price: $6,200,000 List Date: 4/09/2024 Last Modified: 10/07/2024

Overview

Description

Rare Investment Opportunity 18 unit Apartment Building. On site Amenities/Management. Built 2019. Hard to find, 3 story modern18 plex apartment building is a fantastic investment. Located in Vineyard, UT within walking distance of the Vineyard UTA station. Quick access to I-15, shopping, movies, restaurants, and just minutes drive from Utah Valley University, BYU, and University of Phoenix. 3 bed 2 bath units= 3 (1,299-1,319)SF/ 2 bed 2 bath units=9 (1,020-1,040) SF/ 1 bed 1 bath unit = 6 (794-814) SF Stainless Steel appliances, granite countertops, walk - in closets, Pantry, Family Room, Window Coverings, High Speed Internet Access, Cable ready, Dishwasher, Disposal, Washer/Dryer Hook up, Refrigerator, Oven, Carpet, Vinyl Flooring, Wi-Fi, Wheelchair accessible On site

Supplements: amenities Include: Public Transportation walking distance, Car charging station, Pet Play area, On site property Maintenance, Leasing office on site, Clubhouse, Fitness Center, Playground, Pool, Hot Tub, Basketball Court, Grill, Lounge/Clubhouse, Picnic area, Lawn care, Bicycle storage, and 100% occupancy ... consistently. Financial summary brochur ...

Listing Details MLS# 24-249866

Location, Tax & Legal

House Number
556
Street Direction Pfx
E
Street Name
250
Street Direction Sfx
N
MLS Area
Outside Area
State/Province
UT
Postal Code
84059
County
Other
Tax ID
54-316-0026
Unit #
Building 26
Total Taxes
13258
Tax Year
2023
Elementary Schools
Out of Area
Intermediate Schools
Out of Area
Jr. High Schools
Out of Area
Sr. High Schools
Out of Area
List Price/SqFt
345.08

General Prop Info

Realtor.com
Multi-Family
Lot Acres
0.16
Hot Tub YN
Yes
Pool Private YN
No
Year Built
2019
# of Buildings
Yes
Number of Units
18
1 Bedroom Aprx SqFt
813
2 Bedroom Aprx SqFt
1030
3 Bedroom Aprx SqFt
1323
Total SqFt
17967
# Floors
3
Elevators
Yes
HOA Transfer Fee
Yes
Transfer Fee Amount
12,000

Contract Info

Original List Price
6200000
Short Sale Status
No

Status Change Info

Sold Date
2024-06-18
Under Contract Date
2024-05-16
Sold Price/SqFt
322.81

Annual Grs Rntl Inc

# 1 Bedroom Units
6
# 2 Bedroom Units
9
# 3 Bedroom Units
3

Remarks & Misc

Public Remarks
Rare Investment Opportunity 18 unit Apartment Building. On site Amenities/Management. Built 2019. Hard to find, 3 story modern18 plex apartment building is a fantastic investment. Located in Vineyard, UT within walking distance of the Vineyard UTA station. Quick access to I-15, shopping, movies, restaurants, and just minutes drive from Utah Valley University, BYU, and University of Phoenix. 3 bed 2 bath units= 3 (1,299-1,319)SF/ 2 bed 2 bath units=9 (1,020-1,040) SF/ 1 bed 1 bath unit = 6 (794-814) SF Stainless Steel appliances, granite countertops, walk - in closets, Pantry, Family Room, Window Coverings, High Speed Internet Access, Cable ready, Dishwasher, Disposal, Washer/Dryer Hook up, Refrigerator, Oven, Carpet, Vinyl Flooring, Wi-Fi, Wheelchair accessible On site

More Information

Construction

Stucco
Yes

Separate Meters

Electric
Yes
Gas
Yes

Zoning

Multi-Family
Yes

Garage/Carport

Garage Spaces
21000

Terms of Sale

1031 Exchange
Yes
Cash
Yes
Conventional
Yes

Roof

Tar/Gravel
Yes

Heating

Gas FA
Yes

Air Conditioning

Central Air
Yes

Showing Instructions

Call Listing Agent
Yes

Property Features

Construction: Stucco Separate Meters: Electric; Gas Roof: Tar/Gravel Heating: Gas FA Air Conditioning: Central Air Showing Instructions: Call Listing Agent Zoning: Multi-Family Terms of Sale: 1031 Exchange; Cash; Conventional
Listing Office: Distinction Real Estate
Last Updated: October - 07 - 2024
Information deemed reliable but not guaranteed.