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$5,425,000
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Property Description
IMPROVED PRICE! Rare Investment Opportunity! Stabilized new 18 unit Apartment Building. Onsite management & model unit. Built 2024. Located in American Fork within walking distance of the American Fork TRAX station. Quick access to I-15, shopping, restaurants, entertainment. Amenities: Clubhouse, Pool, Gym (Currently under construction). The Yard development consists of twelve 18-plex buildings (total 216 units). Each building has a single tax ID & owned by individual entity. Investor-oriented HOA. (3) 3 bed 2 bath units, (9) 2 bed 2 bath units, and (6) 1 bed 1 bath units. Each unit has a patio or balcony. Modern Living at its finest, open floor plan, big windows for natural light, wood type flooring, granite countertops throughout, upgrade white cabinets, upgraded hardware, 9' ceilings. Controlled access. Download more info: https://shorturl.at/BncoL Model unit is available to tour during business hour. All information is deemed reliable but not guaranteed. Buyer is responsible to verify all listing information.
Full Property Details
Full Property Details for 1125 W 250 S #3
General
- Price: $5,425,000
- HOA FEE: $3,582/month
- Taxes: $12,746
- Status: Active
- Type: Multi-Family
- Source: WFR
- MLS ID: 2023329
- Updated: 12/27/2025
- Added to Site: 490 day(s) ago
Interior
- Interior Features: Bath: Primary, Closet: Walk-In, Disposal, Range/Oven: Free Stdng., Granite Countertops, Dishwasher: Built-In
- Flooring: Carpet
Rooms
Bathrooms
- Total Bathrooms: 30
Bedrooms
- Total Bedrooms: 33
Additional Information
- Shared Amenities: Clubhouse, Controlled Access, Fitness Center, Insurance, Maintenance, Management, Pet Rules, Pets Permitted, Pool, Sewer Paid, Snow Removal, Spa/Hot Tub, Storage, Trash, Water
- Spa: Yes
- Equipment: Window Coverings
Exterior
- Exterior Features: Balcony, Double Pane Windows, Lighting, Patio: Covered, Sliding Glass Doors
- Porch/Patio/Deck: Covered
Parking
- Total Spaces: 36
- Parking Features: Parking: Uncovered
Location
- Area: Am Fork; Hlnd; Lehi; Saratog.
- County: Utah
- Subdivision: THE YARD
- Cross Streets: 250
School Information
- Elem School District: Alpine
- Midd School District: Alpine
- High School District: Alpine
- Elementary School: Trailside Elementary
- Middle School: Orem
- High School: Mountain View
Community
- Association: Yes
- Assoc. Fees Include: Insurance, Maintenance Grounds, Sewer, Trash, Water
Heating & Cooling
- Heating Type: Electric, Forced Air, Gas: Central
Utilities
- Sewer: Sewer: Connected, Sewer: Public
- Water: Culinary
- Utility Description: Natural Gas Connected, Electricity Connected, Sewer Connected, Sewer: Public, Water Connected
Structural Information
- Architectural Style: Stories: 3
- Construction: Brick, Stucco
- Exterior Const.: Brick, Stucco
- Roof: Membrane
- Windows: Blinds
- Disability Access: Accessible Electrical and Environmental Controls, Fully Accessible, Ground Level, Single Level Living, Customized Wheelchair Accessible
- Entry Access: Controlled Access
- Square Feet: 17,966
- Living Area: 17,966 Sq. Ft.
- Current Bldg. Use: Residential
- Year Built: 2024
- Property Condition: Blt./Standing
Lot Features
- Property View: Lake, Mountain(s)
- Lot Size (Acres): 0.59
- Lot Size (Sq. Ft.): 25,700.4
- Lot Size: .59
- Landscape: Landscaping: Full
- Topography: View: Lake, View: Mountain
- Lot Features: View: Lake, View: Mountain
- Trees/Vegetation: Landscaping: Full
- Zoning: R3
Water Features
- Water View: Yes
Financial Considerations
- Association Fee: $3,582
- Assoc Fee Freq.: Monthly
- Tax Amount: $12,746
- Terms: Cash, Conventional, Exchange
Disclosures and Reports
- Inclusions: Ceiling Fan, Microwave, Range, Refrigerator, Window Coverings
- Property ID: 56-040-0003
Listed by Sky Realty
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Schools
Schools serving 1125 W 250 S #3
School District:Alpine School District
| Name | Grades | Distance |
|---|---|---|
Greenwood School 50 East 200 South, American Fork, UT 84003 | K-6 | 1.6 mi |
American Fork Jr High School 20 West 1120 North, American Fork, UT 84003 | 7-9 | 2.5 mi |
American Fork High School 510 N 600 E, American Fork, UT 84003 | 10-12 | 2.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1125 W 250 S #3
Date
Details
Price
Change
Source
9/18/2025
Price Reduced
$5,425,000
-3.04%
MLS
6/06/2025
Price Reduced
$5,595,000
-5.17%
MLS
9/13/2024
Listed
$5,900,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1125 W 250 S #3
Year
Property Taxes
Change
Tax Assessment
Change
2024
$20,779
63%
$4,324,700
205%
2024
$12,746
241%
$1,416,250
222%
2023
$3,735
104%
$440,000
141%
2021
$1,828
-23%
$182,600
-34%
2022
$2,366
—
$275,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1125 W 250 S #3
1125 W 250 S #3, American Fork, UT 84003 (MLS# 2023329) is a Multi-Family property with 18 units containing 33 bedrooms and 0 full bathrooms. 1125 W 250 S #3 is currently listed for $5,425,000 and was received on September 13, 2024. Want to learn more about 1125 W 250 S #3? Do you have questions about finding other Multi-Family real estate for sale in American Fork? You can browse all American Fork real estate or contact a Coldwell Banker agent to request more information.

