624 E 300 N Building 3, Vineyard, UT 84059

$4,750,000
Property Type: MultiFamily Square Footage: 17,962 Lot Size (sq. ft.): 6,970 Status: Pending
Current Price: $4,750,000 List Date: 11/25/2025 Last Modified: 2/24/2026

Overview

Description

Offered with a 3.66% assumable loan through 2032. This 18-unit, 2017-built Class A asset in rapidly growing Vineyard, Utah features spacious 1-3 bedroom floorplans with in-unit laundry, granite counters, stainless steel appliances, and private patios. Residents enjoy resort-style amenities including a clubhouse, pool, 18-person hot tub, fitness center, courts, playground, BBQ area, pet parks, and EV charging. The property is currently 94% occupied. Open to selling additional building for a package deal.

Listing Details MLS# 25-266984

Location, Tax & Legal

House Number
624
Street Direction Pfx
E
Street Name
300
Street Direction Sfx
N
MLS Area
Outside Area
State/Province
UT
Postal Code
84059
County
Other
Tax ID
54:316:0003
Unit #
Building 3
Total Taxes
24647
Tax Year
2025
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
264.45

General Prop Info

Realtor.com
Multi-Family
Lot Acres
0.16
Hot Tub YN
Yes
Pool Private YN
No
Year Built
2017
# of Buildings
Yes
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

Contract Info

Original List Price
5250000
Short Sale Status
No

Status Change Info

Under Contract Date
2026-02-17

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
# 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
224154

More Information

Remarks & Misc

Public Remarks
Offered with a 3.66% assumable loan through 2032. This 18-unit, 2017-built Class A asset in rapidly growing Vineyard, Utah features spacious 1-3 bedroom floorplans with in-unit laundry, granite counters, stainless steel appliances, and private patios. Residents enjoy resort-style amenities including a clubhouse, pool, 18-person hot tub, fitness center, courts, playground, BBQ area, pet parks, and EV charging. The property is currently 94% occupied. Open to selling additional building for a package deal.

Financial Info

Assumable
Yes

Construction

Stucco
Yes

Zoning

Multi-Family
Yes
PUD
Yes

Garage/Carport

Carport Spaces
600

Terms of Sale

1031 Exchange
Yes
Assume w/Release
Yes
Cash
Yes
Conventional
Yes

Roof

Metal
Yes

Heating

Electric
Yes

Air Conditioning

Central Air
Yes

Showing Instructions

Call Listing Agent
Yes

Possession

Close Of Escrow
Yes

Property Features

Financial Info: Assumable Construction: Stucco Roof: Metal Heating: Electric Air Conditioning: Central Air Showing Instructions: Call Listing Agent Zoning: Multi-Family; PUD Terms of Sale: 1031 Exchange; Assume w/Release; Cash; Conventional Possession: Close Of Escrow
Listing Office: Luxury Group
Last Updated: February - 24 - 2026
Information deemed reliable but not guaranteed.