283 N 590 E Vineyard, UT 84059
Estimated payment $32,061/month
Highlights
- Fitness Center
- Clubhouse
- Tennis Courts
- Lake View
- Granite Countertops
- Covered Patio or Porch
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $24,647
Year Built
- Built in 2017
Lot Details
- 6,970 Sq Ft Lot
- Landscaped
- Sprinkler System
HOA Fees
- $4,410 Monthly HOA Fees
Property Views
- Lake
- Mountain
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Membrane Roofing
- Stucco
Interior Spaces
- 17,967 Sq Ft Home
- 3-Story Property
- Blinds
- Sliding Doors
- Carpet
Kitchen
- Free-Standing Range
- Dishwasher
- Granite Countertops
- Disposal
Bedrooms and Bathrooms
- 33 Bedrooms
- Walk-In Closet
- 30 Bathrooms
Parking
- 36 Parking Spaces
- Electric Vehicle Home Charger
- 36 Open Parking Spaces
Accessible Home Design
- ADA Inside
- Level Entry For Accessibility
Outdoor Features
- Covered Patio or Porch
- Exterior Lighting
Schools
- Vineyard Elementary School
- Lakeridge Middle School
- Mountain View High School
Utilities
- No Cooling
- Forced Air Heating System
- Natural Gas Connected
- Sewer Paid
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 54-316-0007
Community Details
Overview
- Association fees include cable TV, ground maintenance, sewer, trash, water
- 18 Units
- Candy Dotson Association, Phone Number (801) 704-3440
- The Vine Apartments Subdivision
- Maintained Community
Amenities
- Community Fire Pit
- Community Barbecue Grill
- Picnic Area
- Clubhouse
Recreation
- Tennis Courts
- Community Playground
- Fitness Center
- Snow Removal
Pet Policy
- Pets Allowed
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/05/2026 01/05/26 | For Sale | $4,900,000 | -- | $273 / Sq Ft |
Source: UtahRealEstate.com
MLS Number: 2128973
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