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$4,900,000

Est. payment - /mo

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33 Beds

30 Baths

17,967 SqFt

Active

283 N 590 E Vineyard, UT 84059

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Brian Olsen

brian@dreams2realtor.com +1(801) 686-0633

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Key Details

Property Type Multi-Family

Sub Type > 4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 17,967 sqft

Price per Sqft $272

Subdivision The Vine Apartments

MLS Listing ID 2128973

Style Stories: 3

Bedrooms 33

Construction Status Blt./Standing

HOA Fees $4,410/mo

HOA Y/N Yes

Year Built 2017

Annual Tax Amount $24,647

Lot Size 6,969 Sqft

Acres 0.16

Lot Dimensions 0.0x0.0x0.0

Property Sub-Type > 4 Units

Property Description

Rare multifamily investment opportunity consisting of a modern 18-unit apartment building located in Vineyard, Utah. Built in 2017, this three-story property offers a highly desirable unit mix, strong historical occupancy, and a location positioned for long-term rental demand. The property features a mix of spacious floor plans including three 3-bed/2-bath units, nine 2-bed/2-bath units, and six 1-bed/1-bath units. Interior finishes include stainless steel appliances, granite countertops, walk-in closets, pantry space, washer/dryer hookups, and a combination of carpet and vinyl flooring. Units are cable and internet ready, with select accessibility features. On-site amenities include a leasing office, clubhouse, fitness center, pool and hot tub, playground, basketball court, grill and picnic areas, pet play area, bicycle storage, and EV charging. The property has demonstrated consistent occupancy in the 96-98% range, supported by strong local demand. Ideally located within walking distance of the Vineyard UTA station with quick access to I-15, shopping, dining, and entertainment. Minutes from Utah Valley University, BYU, and other major employment and education centers. Seller-provided financials reflect strong in-place operations. NOI, cap rate, and full financial details are available upon request in the Offering Memorandum. Do not disturb tenants. Showings by appointment only.

Location

State UT

County Utah

Area Pl Grove; Lindon; Orem

Zoning Multi-Family

Interior

Interior Features Bath: Primary, Closet: Walk-In, Disposal, Range/Oven: Free Stdng., Granite Countertops, Dishwasher: Built-In

Heating Forced Air, Gas: Central

Flooring Carpet

Inclusions Ceiling Fan, Dryer, Microwave, Range, Refrigerator, Washer

Fireplace false

Window Features Blinds

Exterior

Exterior Feature Lighting, Patio: Covered, Sliding Glass Doors

Community Features Clubhouse

Utilities Available Natural Gas Connected, Electricity Connected, Sewer Connected, Sewer: Public, Water Connected

Amenities Available Barbecue, Cable TV, Clubhouse, Fire Pit, Fitness Center, Maintenance, Management, Pets Permitted, Picnic Area, Playground, Sewer Paid, Snow Removal, Tennis Court(s), Trash, Water

View Y/N Yes

View Lake, Mountain(s)

Roof Type Flat,Membrane

Present Use Residential

Topography Curb & Gutter, Road: Paved, Sidewalks, Sprinkler: Auto-Full, Terrain, Flat, View: Lake, View: Mountain

Accessibility Fully Accessible, Ground Level

Porch Covered

Total Parking Spaces 36

Private Pool false

Building

Lot Description Curb & Gutter, Road: Paved, Sidewalks, Sprinkler: Auto-Full, View: Lake, View: Mountain

Sewer Sewer: Connected, Sewer: Public

Water Culinary

Structure Type Brick,Stucco

New Construction No

Construction Status Blt./Standing

Schools

Elementary Schools Vineyard

Middle Schools Lakeridge

High Schools Mountain View

School District Alpine

Others

HOA Name Candy Dotson

HOA Fee Include Cable TV,Maintenance Grounds,Sewer,Trash,Water

Senior Community No

Tax ID 54-316-0007

Acceptable Financing Cash, Conventional

Horse Property No

Listing Terms Cash, Conventional

Listed by Ascent Real Estate Group LLC

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES

Elementary Schools 13

7

Lindon Elementary

Public | PK - 6
7

Rocky Mountain Elementary

Public | PK - 6
5

Bonneville Elementary

Public | PK - 6
5

Orem Elementary

Public | PK - 6
5

Westmore Elementary

Public | PK - 6
4

Aspen Elementary

Public | KG - 6
4

Geneva Elementary

Public | PK - 6
4

Windsor Elementary

Public | PK - 6
3

Vineyard Elementary

Public | PK - 6
3

Suncrest Elementary

Public | PK - 6
0

Clear Horizons Academy

Private | PK - 10
0

Timpanogos Academy

Public | KG - 8
0

Kids Village

Private | PK - 3

Middle Schools 7

9

Karl G Maeser Preparatory Academy

Public | 7 - 12
7

Lakeridge Junior High

Public | 7 - 9
5

Oak Canyon Junior High

Public | 7 - 9
3

Orem Junior High

Public | 7 - 9
0

Summit High School

Public | 7 - 12
0

Telos Academy

Private | 8 - 12
0

Cascade Mountain High School

Private | 7 - 12

High Schools 4

9

Utah County Academy of Science (Ucas)

Public | 10 - 12
8

Mountain View High School

Public | 10 - 12
0

Polaris High School

Public | 9 - 12
0

East Shore Electronic High School

Public | 9 - 12

School and business data provided by Attom Data.

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Brian Olsen

Agent | License ID: 11972802-SA00

+1(801) 686-0633

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283 N 590 E Vineyard, UT 84059

Brian Olsen

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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283 N 590 E