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1125 W 250 S
American Fork, UT 84003

$5,900,000 USD

Apartments For Sale  •  17,967 SF

Property Details

  • Property Type Apartments
  • Total Building Size 17,967 SF
  • Lot Size 0.59 AC
  • Building Class C
  • Year Built 2024
  • Cap Rate 4.44 %
  • Zoning MF
29 Transit Score
1 Walk Score

Highlights

Rare Investment Opportunity: Stabilized new 18-unit apartment building in American Fork,
Built in 2024: Modern, 3-story design with on-site management.
Prime Location: Walking distance to American Fork TRAX station; quick access to I-15, shopping, restaurants, and entertainment.
Amenities: Clubhouse, pool, hot tub, gym (currently under construction).
Anticipated rent increases: Current Rents are below market with anticipated increases.

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $261,949 USD (2024)
Cap Rate: 4.44 %
Total Expenses: $77,056 USD

Amenities

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Clubhouse
  • Dishwasher
  • Disposal
  • Fitness Center
  • Microwave
  • Pool
  • Spa
  • Storage Space
  • Washer/Dryer Hookup
  • Heating
  • Kitchen
  • Granite Countertops
  • High Speed Internet Access
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Walk-In Closets
  • Carpet
  • Community-Wide WiFi
  • Dining Room
  • Family Room
  • Instant Hot Water
  • Vinyl Flooring
  • Window Coverings

Public Transportation

Commuter RailDriveWalkDistance
American Fork Station (FrontRunner - Utah Transit Authority (UTA)) 2 min 13 min 0.5 mi
Lehi Station (FrontRunner - Utah Transit Authority (UTA)) 13 min - 7.1 mi
AirportDriveWalkDistance
Provo Municipal 25 min - 17.5 mi
Salt Lake City International 43 min - 35.1 mi
Sam Levin 801-652-7397 Utah Income Properties, LLC
Sam Levin 801-652-7397 Utah Income Properties, LLC