#2055886, Drew Payne, Listing Office: Sky Realty
1125 W 250 S Unit 3 American Fork, UT 84003
Property details
About 1125 W 250 S Unit 3
Rare Investment Opportunity! Stabilized new 18 unit Apartment Building. On site management. Built 2024. Hard to find, 3-story modern 18-plex apartment building is a fantastic investment. Owner prefers to close after 01/01/2025, however Owner would consider December closing with a strong offer. Located in American Fork, UT, within walking distance of the American Fork TRAX station. Quick access to I-15, shopping, restaurants, entertainment. Amenities: Clubhouse, Pool, Gym (Currently under construction). The Yard development consists of twelve 18-plex buildings (total 216 units). Each building has a single tax ID & owned by individual entity. (3) 3 bed 2 bath units, (9) 2 bed 2 bath units, and (6) 1 bed 1 bath units. Each unit has a patio or balcony. Current rents are below market, anticipating rent increases. Please see the OM for more info. Modern Living at its finest, open floor plan, big windows for natural light, wood type flooring, granite countertops throughout, upgrade white cabinets, upgraded hardware, 9' ceilings. Controlled access. Viewing information: Please call for an appointment. Agent must coordinate with on site management for tour of the actual building. Model unit is available to tour during business hour. All information is deemed reliable but not guaranteed. Buyer is responsible to verify all listing information.
Highlights
Virtual tour
Summary
- MLS Number: 2023329
- MLS Name: UtahRealEstate.com
- Office Name: Sky Realty
- Office Phone: (801) 704-3445
- Listing Agent: Sam Levin
Based on information from UtahRealEstate.com All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information deemed reliable but not guaranteed accurate. The compilation of listings and each individual listing are Copyright © 2025 UtahRealEstate.com All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/12/2025, 3:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$5,900,000
1125 W 250 S Unit 3
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Price information
Property sales
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Tax history
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Nearby schools
8
Legacy Elementary School
Public District KG-6
0.5 mi
•28 E 1340 N
8
Shelley Elementary School
Public District KG-6
0.7 mi
•602 N 200 W
4
Forbes Elementary School
Public District KG-6
1.3 mi
•281 N 200 E
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $87,990. Most American Fork, UT residents have annual incomes between $35k-100k. The majority of families are married, with kids. Most residents in this area have post secondary degree education.
Similar homes for sale
This home is located at 1125 W 250 S Unit 3 in American Fork, UT and zip code 84003. This 17,967 square foot home, which was built in 2024, sits on a 0.59 acre lot. Features: 33 bedrooms, 30 bathrooms. It has been listed on Rocket Homes since September 13, 2024 and is currently priced at $5,900,000.
Between February and March 2025, American Fork, UT real estate market has seen increase in the number of listings by 78.5%. In March 2025, listings were on the market for 57 days. During the same period, the median list price in this real estate market was $577,500.