1126 250, American Fork, UT 84003
33BD/—BA Residential in American Fork, UT 84003. 17,965 sqft. Built 2024. Listed at $4,900,000. MLS #2134120.
33BD/—BA Residential in American Fork, UT 84003. 17,965 sqft. Built 2024. Listed at $4,900,000. MLS #2134120.
Newly constructed in 2024, this stabilized 18-unit multifamily asset offers investors a rare opportunity to acquire a modern, low-maintenance property with strong in-place rents and high occupancy. Professionally managed and thoughtfully designed, the building features contemporary finishes and efficient unit layouts that continue to drive tenant demand. Located in the heart of Utah County with convenient access to major employment centers, retail, and transportation corridors. With no deferred maintenance and minimal capital expenditure requirements, this property is well-suited for investors seeking predictable cash flow, long-term appreciation, and accelerated depreciation benefits. An excellent hands-off acquisition for 1031 exchange buyers or investors seeking a high-quality, stabilized multifamily asset.
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 #
2134120
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 #
2134120
List Price
$4,900,000
HOA Fees
$3,582 / Monthly
Annual Taxes
$20,779
Home Warranty
No
List Price
$4,900,000
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
Classification
Standard
Deal Score
45/100
vs Market Median
28% above
Area Growth (YoY)
3.4%
Deal Score Breakdown
45/100
3.4% year-over-year ZHVI growth in this area
Priced 28% above the per-subtype city median
STR net cashflow -$27,065/mo (-73.8% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
No price reduction from original list
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
−$27,065 /mo (−$324,784/yr)
Monthly STR income
Monthly ownership cost
Coverage
37%
Net /mo
−$27,065
DSCR
0.39
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
+890% 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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