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    624 N Unit, Unit 3 Vineyard, UT 84059

    For Sale
    $5,250,000

    MULTI_FAMILY - Vineyard, UT

    Property size:
    17,962 SF
    Lot size:
    0.16 Acres
    Days on Market:
    10
    Last Refresh:
    Dec 6 at 1:06 am

    Property Features for 624 N Unit

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 10, Bedroom 4, Bathroom 19, Bedroom 20, Bathroom 4, Bedroom 17, Bedroom 1, Bedroom 21, Bathroom 2, Bathroom 11, Bedroom 23, Bathroom 17, Bedroom 2, Bedroom 16, Bathroom 9, Bathroom 23, Bedroom 5, Bedroom 6, Bedroom 8, Bathroom 12, Bathroom 15, Bathroom 16, Bathroom 13, Bathroom 7, Bathroom 20, Bedroom 14, Bedroom 13, Bathroom 3, Bedroom 19, Bedroom 18, Bathroom 6, Bathroom 1, Bathroom 21, Bedroom 7, Bathroom 18, Bedroom 9, Bathroom 24, Bathroom 14, Bedroom 15, Bedroom 3, Bedroom 24, Bathroom 5, Bedroom 11, Bathroom 22, Bedroom 12, Bedroom 22, Bathroom 8, Bedroom 10
    Bedrooms
    24
    APN
    54:316:0003
    Size
    17,962 SF
    Lot size
    0.16 Acres

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    2017
    Floors in Building
    3
    Number of units
    18
    Roof type
    Metal

    WOODBRIDGE REALTY LLC (801) 599-1206

    Listing agent CHANTAL R DREW

    Listing date Nov 27, 2025

    MLS# 25-266984 Listing URL

    Overview

    Vineyard Multifamily Investment Opportunity

    The Vine Apartment Building 3, constructed in 2017, is an 18-unit multifamily property located in Vineyard, Utah. The property features spacious one- to three-bedroom floorplans, each equipped with in-unit laundry facilities. Interior finishes include granite countertops and stainless steel appliances. Each unit also has a private patio. Residents have access to a range of amenities, including a clubhouse, swimming pool, an 18-person hot tub, a fitness center, sports courts, a playground, a barbecue area, pet parks, and electric vehicle charging stations. The property is currently 94% occupied. The building is situated on a 0.16-acre lot. The property offers an assumable loan with a 3.66% interest rate through 2032.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Map

    City
    Vineyard
    County
    Utah
    State
    Utah
    Longitude
    -111.738955
    Latitude
    40.302179

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    FAQs

    What type of property is this?
    Apartment building - 18-unit apartment building in Vineyard, Utah with assumable loan.
    Where is this apartment building located?
    The property is located at 624 N Unit, Unit 3 Vineyard, UT.
    What is the asking price?
    The asking price for this property is $5,250,000.
    What are key features of this property?
    This property features: - Assumable 3.66% loan through 2032 provides strong income potential with a 5.7% cap rate.; - Class A asset built in 2017, minimizing near-term capital expenditure concerns.; - High occupancy rate of 94% indicates strong tenant demand and immediate cash flow.
    (435) 922-5252
    Request Owner's contact information
    624 N Unit, Unit 3 Vineyard, UT 84059
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    624 N Unit, Unit 3 Vineyard, UT 84059
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