624 E 300 N Building 3 new

Vineyard,UT 84059

$ 5250000

- Bed

0 Bath

17962 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 17,962 sqft

Price per Sqft $292

MLS Listing ID 25-266984

Abv Grd Liv Area 813

Year Built 2017

Annual Tax Amount $24,647

Lot Size 6,969 Sqft

Acres 0.16

Source Washington County Board of REALTORS®

Land Area 17962

Property Description

Offered with a 3.66% assumable loan through 2032, The Vine Apartment Building 3 delivers strong income and an effective 5.7% cap rate available only through the existing financing. 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.

Location

State UT

County Other

Area Outside Area

Zoning PUD, Multi-Family

Interior

Heating Electric

Cooling Central Air

Exterior

View Y/N No

Roof Type Metal

Building

Story 3

New Construction No

Schools

School District Out Of Area

Others

Senior Community No

Tax ID 54:316:0003

Acceptable Financing Conventional,Cash,Assume w/Release,1031 Exchange

Listing Terms Conventional,Cash,Assume w/Release,1031 Exchange

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