1125 250, American Fork, UT 84003
33BD/—BA Residential in American Fork, UT 84003. 17,966 sqft. Built 2024. Listed at $5,425,000. MLS #2023329.
33BD/—BA Residential in American Fork, UT 84003. 17,966 sqft. Built 2024. Listed at $5,425,000. MLS #2023329.
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. Future amenities: Clubhouse, Pool, Gym (ETC: TBD). 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.
Property Type
Residential
Property Style
> 4 Units
Architectural Style
Stories: 3
Subdivision
THE YARD
County
Utah
Zoning
Multi-Family
Construction
Brick,Stucco
Lot Size
0.59 sq ft
Condition
Blt./Standing
MLS #
2023329
Property Type
Residential
Property Style
> 4 Units
Architectural Style
Stories: 3
Subdivision
THE YARD
County
Utah
Zoning
Multi-Family
Construction
Brick,Stucco
Lot Size
0.59 sq ft
Condition
Blt./Standing
MLS #
2023329
List Price
$5,425,000
Original Price
$5,900,000
HOA Fees
$3,582 / Monthly
Annual Taxes
$20,779
Home Warranty
No
List Price
$5,425,000
Original Price
$5,900,000
HOA Fees
$3,582 / Monthly
Annual Taxes
$20,779
Home Warranty
No
Heating
Electric,Forced Air,Gas: Central
Roof
Membrane
Flooring
Carpet
Materials
Brick,Stucco
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Lake,Mountain(s)
Heating
Electric,Forced Air,Gas: Central
Roof
Membrane
Flooring
Carpet
Materials
Brick,Stucco
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Lake,Mountain(s)
Covered Spaces
0
Total Parking
36
Covered Spaces
0
Total Parking
36
Why this is a deal
Classification
Standard
Deal Score
68/100
vs Market Median
4% below
Price Reduced
8.1%
Area Growth (YoY)
3.4%
Deal Score Breakdown
68/100 · 1 qualifying signal
8% price reduction from original list — seller may be motivated
Priced 4% below the per-subtype city median
3.4% year-over-year ZHVI growth in this area
STR net cashflow -$30,425/mo (-76.0% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Not enough comparable listings
Ensemble scoring: the best single signal sets the floor, secondary qualifying signals (≥60) each add 5 points up to +20. A home that strongly wins on one dimension is already a great deal — it doesn't need to tick every box.
Why this classification
Est. Annual Revenue
$164,751/yr
$358/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$30,426 /mo (−$365,106/yr)
Monthly STR income
Monthly ownership cost
Coverage
34%
Net /mo
−$30,425
DSCR
0.35
Elementary
Trailside ElementaryMiddle School
OremHigh School
Mountain ViewSchool District
Alpine
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
13
Available Providers
$495,000
+996% vs median
51 days
130
$186,500 – $4,500,000
$20,779
$3,582/monthly
Moderate
7.3
per 1,000
21.9
per 1,000
14.1
per 1,000
43.3
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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