624 E 300 N Building 3, Vineyard, UT 84059
$5,250,000
Property Type:
MultiFamily
Square Footage:
17,962
Lot Size (sq. ft.):
6,970
Status:
Active
Current Price:
$5,250,000
List Date:
11/25/2025
Last Modified:
11/27/2025
Description
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.
More Information MLS# 25-266984
Contract Info
Original List Price: 5250000
Short Sale Status: No
Listing Date: 2025-11-25
General Prop Info
Realtor.com: Multi-Family
Lot Acres: 0.16
# of Buildings: 1
1 Bedroom Aprx SqFt: 813
2 Bedroom Aprx SqFt: 1039
3 Bedroom Aprx SqFt: 1323
# Floors: 3
HOA Transfer Fee: Yes
Transfer Fee Amount: 12,000
Year Built: 2017
Number of Units: 18
Total SqFt: 17962
Location, Tax & Legal
Unit #: Building 3
Total Taxes: 24647
Tax Year: 2025
Elementary Schools: Out of Area
Intermediate Schools: Out of Area
Jr. High Schools: Out of Area
Sr. High Schools: Out of Area
List Price/SqFt: 292.28
Geo Lat: 40.302179
Geo Lon: -111.738955
List Price: $5,250,000
Current Price: $5,250,000
House Number: 624
Street Direction Pfx: E
Street Name: 300
Street Direction Sfx: N
MLS Area: Outside Area
State/Province: UT
Postal Code: 84059
County: Other
Tax ID: 54:316:0003
Annual Grs Rntl Inc
# 1 Bedroom Units: 6
1 Bedroom Rent: 1385
1 Bedroom Total Rent: 8310
# 2 Bedroom Units: 9
2 Bedroom Rent: 1630
# 3 Bedroom Units: 3
3 Bedroom Rent: 1885
3 Bedroom Total Rent: 5655
Potential Rental Inc: 343620
Annual Oper Expenses
Real Estate Taxes: 17456
Property Insurance: 5187
Payroll-Onsite Prsnl: 24
Repairs & Maint: 15625
Sewer/Water: 1871
Miscellaneous: 16865
Total Oper Expenses: 112991
Net Operating Income: 224154
Financial Info
Assumable: 1
Construction
Stucco: 1
Zoning
Multi-Family: 1
PUD: 1
Garage/Carport
Carport Spaces: 600
Terms of Sale
1031 Exchange: 1
Assume w/Release: 1
Cash: 1
Conventional: 1
Roof
Metal: 1
Heating
Electric: 1
Air Conditioning
Central Air: 1
Showing Instructions
Call Listing Agent: 1
Possession
Close Of Escrow: 1
Status Change Info
Status: Active
Property Features
Financial Info: Assumable
Construction: Stucco
Roof: Metal
Heating: Electric
Air Conditioning: Central Air
Showing Instructions: Call Listing Agent
Zoning: Multi-Family; PUD
Terms of Sale: 1031 Exchange; Assume w/Release; Cash; Conventional
Possession: Close Of Escrow
Documents
Offering Memorandum ›
Listing Office:
Luxury Group
Last Updated: November - 27 - 2025
Information deemed reliable but not guaranteed.