Easton Park Apartments Multi-Family FOR SALE


American Fork, UT
$3,753,716 USD
801-787-4603
, American Fork, UT for Sale
$3,753,716 USD
Multi-Family - FOR SALE
1/26
null | 4.81% Cap Rate

Easton Park Apartments
American Fork, UT


HIGHLIGHTS

  • 13 residential units plus commercial space
  • Four buildings within the same development
  • Opportunity to purchase individually or as a complete portfolio
  • Multiple income streams
  • Desirable American Fork location near Silicon Slopes
  • Strong tenant appeal with extensive community amenities

OVERVIEW

Multifamily Investment Portfolio Opportunity Rare opportunity to acquire four multifamily buildings in the same American Fork development. The portfolio includes one fourplex, three triplexes, and a commercial space for a total of 13 residential units plus one additional commercial unit. Available for purchase as a complete package or individually under separate MLS listings. Individual listings include MLS #2166651, MLS #2166616, MLS #2166629, and MLS #2166642. Total Project Portfolio Purchase Price: $3,757,000 Project Portfolio Breakdown Building 1 | Fourplex + Commercial Space MLS #2166651 744 E 500 S, American Fork, UT 84003 • Purchase Price $1,300,000.00 • Four residential units, all featuring 2 bedrooms and 1 bathroom • Additional commercial space rented by the HOA which includes a Rec Room serving the development. Building 2 | Triplex MLS #2166616 831 E 550 S, American Fork, UT 84003 • Purchase Price $819,000.00 • One 1-bedroom, 1-bathroom unit • Two 3-bedroom, 2-bathroom units • Two private single-car garages Building 3 | Triplex MLS #2166629 835 E 550 S, American Fork, UT 84003 • Purchase Price $819,000.00 • One 1-bedroom, 1-bathroom unit • Two 3-bedroom, 2-bathroom units • Two private single-car garages Building 4 | Triplex MLS #2166642 841 E 550 S, American Fork, UT 84003 • Purchase Price $819,000.00 • One 1-bedroom, 1-bathroom unit • Two 3-bedroom, 2-bathroom units • Two private single-car garages ________________________________________ Financial Information: Gross Annual Income: $ 246,433.00 Operating Expenses: $65,879.00 Net Operating Income (NOI): $180,500.00 Cap Rate: 4.81% Purchase Price: $3,757,000 ________________________________________ Remarks Excellent investment opportunity in a highly desirable American Fork location. The project is conveniently situated just east of I-15, providing quick access to Silicon Slopes, major employment centers, shopping, dining, and entertainment. Located within a rapidly growing area of Utah County, the property offers strong long-term appreciation potential and consistent tenant demand. Community amenities include a fitness center, sports courts, playgrounds, open green spaces, and scenic mountain views. Easy freeway access and attractive neighborhood amenities further enhance the property's appeal to residents. Buyer and Buyer's Broker to verify all information. ________________________________________ Agent Remarks Do not disturb tenants. Showings by appointment only. Contact the listing agent for additional information and to schedule access. HOA Fee include: • Fitness center access • City Utilities; Water, Sewer, Garbage • Landscape management • Snow removal

ASK ABOUT THIS PROPERTY

Trevor SharpSovereign Properties LLCMore Info
801-787-4603

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Trevor SharpSovereign Properties LLCMore Info
801-787-4603

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