1126 W 250 S - Apartments FOR SALE


American Fork, UT 84003
$4,750,000 USD
801-210-9980

NO PHOTO

$4,750,000 USD
Apartments - FOR SALE
null | 5.02% Cap Rate

1126 W 250 S
American Fork, UT 84003


HIGHLIGHTS

  • Brand new 2024 construction — 18-unit stabilized multifamily, no deferred maintenance
  • Strong NOI of $238,642 (2025 actual) — 5.03% cap rate at $4.75M asking price
  • 83% occupied with individually metered units — ideal 1031 exchange or passive income investment

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$4,750,000 USD

PRICE/SF

$264 USD /SF

# OF UNITS

18

PRICE/UNIT

$263,889

CAP RATE

5.02%

% LEASED

83%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2024

PARKING SPACES

36

LAND DETAILS

LAND ACRES

0.6 AC

LAND SF

26,081 SF

ZONING

R3

APN/PARCEL ID

56-040-0009

ASK ABOUT THIS PROPERTY

Jackson WerslandRiverstone UtahMore Info
801-210-9980

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Jackson WerslandRiverstone UtahMore Info
801-210-9980

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.