266 590, Vineyard, UT 84059
33BD/—BA Residential in Vineyard, UT 84059. 17,962 sqft. Built 2017. Listed at $4,450,000. MLS #2138464.
33BD/—BA Residential in Vineyard, UT 84059. 17,962 sqft. Built 2017. Listed at $4,450,000. MLS #2138464.
This modern 18-unit, Class A apartment building in rapidly growing Vineyard, Utah offers a strong investment opportunity in a high-demand submarket. Built in 2017, the property features a desirable mix of 3-, 2-, and 1-bedroom units with granite countertops, stainless steel appliances, in-unit laundry, walk-in closets, and private patios. Residents enjoy resort-style amenities including a clubhouse, pool, 18-person hot tub, fitness center, playground, sport court, BBQ areas, pet parks, and EV charging. Ideally located near the Vineyard FrontRunner station, I-15, UVU, BYU, shopping, and dining, the property is well positioned for continued rent growth and long-term appreciation.
Property Type
Residential
Property Style
> 4 Units
Architectural Style
Stories: 3
Subdivision
THE VINE APARTMENTS
County
Utah
Zoning
Multi-Family
Construction
Stucco
Lot Size
0.16 sq ft
Condition
Blt./Standing
MLS #
2138464
Property Type
Residential
Property Style
> 4 Units
Architectural Style
Stories: 3
Subdivision
THE VINE APARTMENTS
County
Utah
Zoning
Multi-Family
Construction
Stucco
Lot Size
0.16 sq ft
Condition
Blt./Standing
MLS #
2138464
List Price
$4,450,000
Original Price
$4,650,000
HOA Fees
$4,410 / Monthly
Annual Taxes
$24,000
Home Warranty
No
List Price
$4,450,000
Original Price
$4,650,000
HOA Fees
$4,410 / Monthly
Annual Taxes
$24,000
Home Warranty
No
Heating
Electric
Roof
Flat,Membrane
Flooring
Carpet
Materials
Stucco
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected
View
Lake,Mountain(s),Valley
Heating
Electric
Roof
Flat,Membrane
Flooring
Carpet
Materials
Stucco
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected
View
Lake,Mountain(s),Valley
Covered Spaces
0
Total Parking
0
Covered Spaces
0
Total Parking
0
Classification
Standard
Deal Score
45/100
vs Market Median
41% above
Price Reduced
4.3%
Area Growth (YoY)
3.8%
Deal Score Breakdown
45/100
4% price reduction from original list — seller may be motivated
3.8% year-over-year ZHVI growth in this area
Priced 41% above the per-subtype city median
STR net cashflow -$25,281/mo (-72.5% 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
−$25,282 /mo (−$303,379/yr)
Monthly STR income
Monthly ownership cost
Coverage
39%
Net /mo
−$25,281
DSCR
0.43
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
13
Available Providers
$550,000
+709% vs median
63 days
50
$329,000 – $2,700,000
$24,000
$4,410/monthly
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