548 300 Vineyard, UT 84059

This exceptional 18-unit Class A apartment building presents a compelling investment opportunity in the thriving Vineyard, Utah market. Built in 2017, this three-story property boasts a total of 17,967 square feet situated on a 0.16-acre lot (APN: 54-316-0011). The building features a mix of unit sizes: three 3-bedroom/2-bathroom units (1299 sq ft each), nine 2-bedroom/2-bathroom units (1020 sq ft each), and six 1-bedroom/1-bathroom units. Units are equipped with modern amenities including granite countertops, stainless steel appliances, pantries, walk-in closets, vinyl flooring, window coverings, and in-unit washers and dryers. Currently operating at 100% occupancy, the property generates a strong net operating income (NOI) of $270,723, resulting in a 4.50% cap rate. The asking price is $6,000,000, translating to $333,333 per unit. Residents enjoy convenient access to I-15, local restaurants, shopping centers, and a nearby UTA station. Attractive on-site amenities include a gym, swimming pool, hot tub, pet play area, basketball courts, pickleball courts, a clubhouse, EV charging stations, and grilling areas. Detailed financial information and rent rolls are available upon request. The property is zoned for multi-family use.