1125 S 250 W #3, American Fork, UT 84003

IMPROVED PRICE! CURRENTLY ONE BUILDING IS STILL IN THE LEASE-UP PHASE. Rare Investment Opportunity! 4.6% CAP rate. Stabilized new 18 unit Apartment Building. On site management & model unit. Built 2024. 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. 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.