1126 W 250 S
American Fork, UT 84003
About
Newly constructed in 2024, this stabilized 18-unit multifamily asset offers investors a rare opportunity to acquire a modern, low-maintenance property with strong in-place rents and high occupancy. Professionally managed and thoughtfully designed, the building features contemporary finishes and efficient unit layouts that continue to drive tenant demand. Located in the heart of Utah County with convenient access to major employment centers, retail, and transportation corridors. With no deferred maintenance and minimal capital expenditure requirements, this property is well-suited for investors seeking predictable cash flow, long-term appreciation, and accelerated depreciation benefits. An excellent hands-off acquisition for 1031 exchange buyers or investors seeking a high-quality, stabilized multifamily asset.
Property
Beds
33
Full Baths
None
1/2 Baths
None
Year Built
2024
Sq.Footage
17,965
Features
Features & Amenities
Interior
-
Other Interior Features
Walk-In Closet(s), Granite Counters
-
Total Bedrooms
33
-
Bathrooms
N/A
-
Cooling YN
NO
-
Cooling
None
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Central, Natural Gas, Electric, Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick, Stucco
-
Other Exterior Features
Balcony, Lighting
-
Patio and Porch Features
Covered
-
Pool
No
-
Waterfront YN
NO
-
View
Lake, Mountain(s)
Area & Lot
-
Lot Size(acres)
0.59
-
Lot Size(square feet)
25700.4
-
Property Type
Residential
-
Property Sub Type
Multi Family
-
Architectural Style
Stories: 3
Price
-
Sales Price
$4,750,000
-
Tax Amount
$20,779
-
Zoning
R3
-
Sq. Footage
17, 965
-
Price/SqFt
$264
HOA
-
Association
YES
-
Association Fee
$3,582
-
Association Fee Frequency
Monthly
-
Association Fee Includes
N/A
School District
-
Elementary School
Alpine
-
Middle School
Orem
-
High School
Mountain View
Property Features
-
New Construction
NO
-
Accessibility Features
Customized Wheelchair Accessible, Accessible Entrance
-
Senior Community YN
NO
-
Sewer
Public Sewer
Schedule
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Location
-
County
Utah
-
Elementary School
Alpine
-
Middle School
Orem
-
High School
Mountain View
Listing Courtesy of Parley J Wersland , Real Broker, LLC
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Damon Luke
President / Real Estate Advisor
Call Damon today to schedule a private showing.
Phone (801) 882-4009
Email Damon@OnXrealty.com
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