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$ 5,250,000
Est. payment | /mo
17,962 SqFt
$ 5,250,000
Est. payment | /mo
17,962 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.
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
Virtual Tour https://youtu.be/H2WbYJsPYNQ
Listed by Luxury Group