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283 N 590 E Vineyard, UT 84059
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Key Details
Sold Price $4,200,000
Property Type Multi-Family
Sub Type > 4 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 17,967 sqft
Price per Sqft $233
Subdivision The Vine Apartments
MLS Listing ID 2128973
Sold Date 03/24/26
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
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
Architectural Style Stories: 3
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
Financing Cash
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Bought with Equity Real Estate (Utah)
Nearby Locations
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