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The Vine Apartments, Building 26 Presented By:Utah Income Properties, LLC

556 E 250 N, Vineyard, UT 84059

Property Details

The Vine Apartments, Building 26556 E 250 N, Vineyard, UT 84059

This beautiful collection of modern style living apartment homes feature everything from a fully-equipped kitchen/bathrooms with designer finishes, and modern wood custom cabinets as well granitecounter tops, stainless steel appliances, distinctive wood style flooring through out the common areasand plush thick carpets in bed rooms. Modern fitness club Features, fully equipped kitchen, fitnesscenter with cardio, Pool and hot tub.Media package includes 150 Direct T.V. & High speed internet, petfriendly.(HOA covers utilities & internet. Tenants pay power & gas)

- 3 Story- (3) 3 bed 2 bath units (9) 2 bed 2 bath units (6) 1 bed 1 bath units- Wi-Fi - Maintenance on site - Fenced Pet Play Area - Electric Car Charging Station- Clubhouse - Grill - Picnic Area - Fitness Center- Playground- Bicycle Storage- Basketball Court - Volleyball Court

Price: $3,700,000

Convenient location adjacent to three I-15 interchanges and two state roads (including the yet to becompleted 7-lane Vineyard Connector).

Well designed and wide major infrastructure roads built to carry large amounts of traffic lead to theproperty.

Access to mass transit that includes both Frontrunner and future light rail creating the only mixed-useTOD in Utah County.

The project features a trail system for pedestrians and bikes with incredible lakeside and mountainviews.

View the full listing here: https://www.loopnet.com/Listing/556-E-250-N-Vineyard-UT/17752063/

Price: $3,700,000

No. Units: 18

Property Type: Multifamily

Property Sub-type: Apartments

Apartment Style: Low Rise

Building Class: B

Sale Type: Investment

Cap Rate: 5.60%

Lot Size: 0.16 AC

Building Size: 18,000 SF

No. Beds: 18

No. Stories: 3

Year Built: 2019

Parking Ratio: 2/1,000 SF

Zoning Description: MF

Unit/Room Mix Information

Description No. Units Avg. Rent/Mo Sq. Ft3+2 18 $139.17 1,299 - 1,319

2+2 18 $122.50 1,020 - 1,040

1+1 18 $105.83 794 - 814

The Vine Apartments, Building 26556 E 250 N, Vineyard, UT 84059

Location

The Vine Apartments, Building 26556 E 250 N, Vineyard, UT 84059

Exterior On-site Leasing Office!

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The Vine Apartments, Building 26556 E 250 N, Vineyard, UT 84059

Clubhouse Exterior

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The Vine Apartments, Building 26556 E 250 N, Vineyard, UT 84059

Exterior Basketball Courts

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The Vine Apartments, Building 26556 E 250 N, Vineyard, UT 84059

Exterior 20180328_123306

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The Vine Apartments, Building 26556 E 250 N, Vineyard, UT 84059

Clubhouse & Pool Swimming Pool & Hot Tub

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The Vine Apartments, Building 26556 E 250 N, Vineyard, UT 84059

20180925_104940 Playground

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The Vine Apartments, Building 26556 E 250 N, Vineyard, UT 84059

Clubhouse Clubhouse

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The Vine Apartments, Building 26556 E 250 N, Vineyard, UT 84059

Clubhouse Clubhouse

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The Vine Apartments, Building 26556 E 250 N, Vineyard, UT 84059

Cardio Room Clubhouse

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The Vine Apartments, Building 26556 E 250 N, Vineyard, UT 84059

Clubhouse Over-sized Kitchen Sink

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The Vine Apartments, Building 26556 E 250 N, Vineyard, UT 84059

3 beds 2 baths unit (model) 3 beds 2 baths unit (model)

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The Vine Apartments, Building 26556 E 250 N, Vineyard, UT 84059

Model Interior Model Interior

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The Vine Apartments, Building 26556 E 250 N, Vineyard, UT 84059

Walk-in Closet Total (6) 1 Bed 1 Bath units

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The Vine Apartments, Building 26556 E 250 N, Vineyard, UT 84059

Total (9) 2 Beds 2 Baths units Total (3) 3 Beds 2 Baths units

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The Vine Apartments, Building 26556 E 250 N, Vineyard, UT 84059

Sam Levinsam@utahrealestate.biz(801) 652-7397

Utah Income Properties,LLC1983 N 1120 WProvo, UT 84604

The Vine Apartments, Building 26556 E 250 N, Vineyard, UT 84059