IMPROVED PRICE! Rare Investment Opportunity! Stabilized new 18 unit Apartment Building. Onsite management & model unit. Built 2024. Located in American Fork within walking distance of the American Fork TRAX station. Quick access to I-15, shopping, restaurants, entertainment. The Yard development consists of twelve 18-plex buildings (total 216 units). Each building has a single tax ID & owned by individual entity. Investor-oriented HOA. (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. 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. Download more info: https://shorturl.at/BncoL 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.
For sale
$4,900,000
1125 S 250 W #3, American Fork, UT 84003
33beds
30baths
17,966sqft
:
Get pre-qualified$33,092/mo
Multi Family
Built in 2024
-- sqft lot
$-- Zestimate®
$273/sqft
$3,582/mo HOA
What's special
Wood type flooringOpen floor planPatio or balconyUpgraded hardwareGranite countertops throughout
- 676 days |
- 126 |
- 5 |
Zillow last checked:
Listing updated:
Listed by:
Sam Levin 801-652-7397,
Sky Realty
Source: UtahRealEstate.com,MLS#: 2023329
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 33
- Bathrooms: 30
Rooms
- Room types: Master Bathroom
Heating
- Electric, Forced Air, Central
Appliances
- Included: Disposal, Free-Standing Range, Built In Dishwasher
Features
- Walk-In Closet(s), Granite Counters
- Flooring: Carpet
- Doors: Sliding Doors
- Windows: Blinds, Window Coverings, Double Pane Windows
- Has fireplace: No
Interior area
- Total structure area: 17,966
- Total interior livable area: 17,966 sqft
Property
Parking
- Total spaces: 36
- Parking features: Open
- Uncovered spaces: 36
Accessibility
- Accessibility features: Accessible Electrical and Environmental Controls, Fully Accessible, Ground Level, Single Level Living, Customized Wheelchair Accessible
Features
- Levels: Three Or More
- Entry location: Ground Level
- Patio & porch: Covered, Covered Patio
- Exterior features: Balcony, Lighting
- Pool features: Association
- Has view: Yes
- View description: Lake, Mountain(s)
- Has water view: Yes
- Water view: Lake
Lot
- Size: 0.59 Acres
- Residential vegetation: Landscaping: Full
Details
- Parcel number: 560400003
- Zoning: R3
- Zoning description: Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, Stucco
- Roof: Membrane
Condition
- Blt./Standing
- New construction: No
- Year built: 2024
Utilities & green energy
- Sewer: Public Sewer, Sewer: Public
- Water: Culinary
- Utilities for property: Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: The Yard
HOA
- Has HOA: Yes
- Amenities included: Clubhouse, Controlled Access, Fitness Center, Insurance, Maintenance, Management, Pool, Sewer Paid, Snow Removal, Spa/Hot Tub, Storage, Trash, Water
- Services included: Insurance, Maintenance Grounds, Sewer, Trash, Water
- HOA fee: $3,582 monthly
- HOA name: Passaro Leasing
- HOA phone: 801-704-3440
Location
- Region: American Fork
Financial & listing details
- Price per square foot: $273/sqft
- Annual tax amount: $20,779
- Date on market: 9/13/2024
- Listing terms: Cash,Conventional,1031 Exchange
- Inclusions: Ceiling Fan, Microwave, Range, Refrigerator, Window Coverings
- Acres allowed for irrigation: 0
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$1,481/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/21/2026 | Price change | $4,900,000-9.7%$273/sqft |
Source:  UtahRealEstate.com #2023329 Report a problem | ||
| 9/18/2025 | Price change | $5,425,000-3%$302/sqft |
Source: UtahRealEstate.com #2023329 Report a problem | ||
| 6/6/2025 | Price change | $5,595,000-5.2%$311/sqft |
Source: UtahRealEstate.com #2023329 Report a problem | ||
| 9/13/2024 | Listed for sale | $5,900,000$328/sqft |
Source: UtahRealEstate.com #2023329 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 84003
Nearby schools
GreatSchools rating
- 8/10Greenwood SchoolGrades: PK-6Distance: 1.6 mi
- 6/10American Fork Jr High SchoolGrades: 7-9Distance: 2.5 mi
- 6/10American Fork High SchoolGrades: 10-12Distance: 2.7 mi
Schools provided by the listing agent
- Elementary: Trailside Elementary
- Middle: Orem
- High: Mountain View
- District: Alpine
Source: UtahRealEstate.com. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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