$5,250,000

624 E 300 N Unit 3 Vineyard, UT 84057

Estimated payment $29,698/month

-- Bed
-- Bath
17,962 Sq Ft
$292 Price per Sq Ft

About This Home

Offered with a 3.66% assumable loan through 2032, The Vine Apartment Building 3 delivers strong income and an effective 5.7% cap rate available only through the existing financing. This 18-unit, 2017-built Class
A asset in rapidly growing Vineyard, Utah features spacious 1-3 bedroom floorplans with in-unit laundry, granite counters, stainless steel appliances, and private patios. Residents enjoy resort-style amenities
including a clubhouse, pool, 18-person hot tub, fitness center, courts, playground, BBQ area, pet parks, and EV charging. The property is currently 94% occupied.

Listing Agent

CHANTAL DREW

Luxury Group License #11892746-SA Listed on: 11/25/2025

Co-Listing Agent

AUSTIN DREW

Luxury Group License #12443523-SA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,647

Year Built

  • Built in 2017

Lot Details

  • 6,970 Sq Ft Lot

Parking

  • 600 Carport Spaces

Home Design

  • Metal Roof
  • Stucco

Interior Spaces

  • 17,962 Sq Ft Home
  • 3-Story Property

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 54:316:0003

Community Details

Overview

  • 18 Units

Building Details

  • Insurance Expense $5,187
  • Water Sewer Expense $1,871
  • Operating Expense $112,991

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,647

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Prop. Type: MultiFamily
  • Year Built: 2017
  • Annual Gross Rental Income 1 Bedroom Rent: 1385.0
  • Annual Gross Rental Income 1 Bedroom Total Rent: 8310.0
  • Annual Gross Rental Income 2 Bedroom Rent: 1630.0
  • Annual Gross Rental Income 3 Bedroom Rent: 1885.0
  • Annual Gross Rental Income 3 Bedroom Total Rent: 5655.0
  • Annual Gross Rental Income Potential Rental Inc: 343620.0
  • Miscellaneous Expense: 16865.0
  • Payroll Onsite Personal Expense: 24.0
  • Property Insurance Expense: 5187.0
  • Real Estate Taxes Expense: 17456.0
  • Sewer Water Expense: 1871.0
  • Garage Carport Carport Spaces: 600
  • Income And Expenses Maintenance Expense: 15625.0
  • Co List Office Mls Id: luxuryre
  • Co List Office Phone: 435-313-6657
  • Above Grade Finished Sq Ft: 813.0
  • New Construction: No
  • Air Conditioning Central Air: Yes
  • Roof:Metal2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Building Area Total: 17962.0
  • Stories: 3

Exterior Features

  • Roof: Metal
  • Acres: 0.16
  • Construction:Stucco2: Yes

Utilities

  • Heating: Electric
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric: Yes

Fee Information

  • Annual Water Sewer Expense: 1871.0

Schools

  • Ninth Grade High School: Out of Area
  • Middle Or Junior School: Out of Area

Lot Info

  • Lot Size Sq Ft: 6969.6
  • Parcel #: 54:316:0003
  • Zoning Description: PUD, Multi-Family

Multi Family

  • Number Of Units Total: 18
  • Insurance Expense: 5187.0
  • Annual Operating Expense: 112991.0

Tax Info

  • Tax Annual Amount: 24647.0

MLS Schools

  • Elementary School: Out of Area

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2025 11/25/25 For Sale $5,250,000 -- $292 / Sq Ft
Source: Washington County Board of REALTORS®

Source: Washington County Board of REALTORS®

MLS Number: 25-266984

Washington County Board of REALTORS®
Utah Utah County Vineyard 84057

624 E 300 N Unit 3, Vineyard, UT

For Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Washington County Board of REALTORS® All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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CHANTAL DREW
Listing Agent
CHANTAL DREW
Section Image
Luxury Group
(435) 922-5252