Multifamily Investment

10-Plex Apartment Complex

1218 S Sawmill Blvd • Heber City, Utah

$4,500,000

10 Units • 8,500 SF

Property Photos

Building exteriorAerial view
Aerial view 1Aerial view 2Aerial view 3Building side view
Front exteriorUnit interiorLiving areaKitchen

Investment Highlights

  • Brand New Construction (2024)
  • 10 Units - All 3BR/2BA Upscale Condos
  • In-Unit Laundry - Washer/dryer included
  • Single Car Garages - Attached
  • HOA $225/mo - Covers all utilities & amenities
  • Fully Occupied - Strong rental history
  • Prime Location - Near Deer Valley Resort
  • Excellent Cash Flow - Cap Rate 5.44%

Financial Summary

Gross Income: $180,000/year

Price per Unit: $285,000

Cap Rate: 5.44%

UNIT MIX

All Units:3 Bed / 2 Bath
Square Footage:1,406 SF each
Total Building:8,500 SF
Lot Size:0.52 Acres
Year Built:2024
Parking:Single Car Garages

AMENITIES

  • ✓ High-End Upscale Finishes
  • ✓ In-Unit Washer/Dryer
  • ✓ Single Car Garages
  • ✓ Private Patios/Balconies
  • ✓ Professional Landscaping
  • ✓ Energy-efficient Construction
  • ✓ Mountain Views
  • ✓ Pickleball Court

LOCATION

1218 S Sawmill Blvd

Heber City, UT 84032

  • Fastest-growing area in Heber
  • Strong rental demand
  • 5 min to Main Street
  • 15 min to Deer Valley

HOA FEE

$225/month

Covers: Garbage, Water, Sewer, Internet, Insurance, Maintenance, Snow Removal, Pickleball Court

Schedule Your Showing

Contact Greg Bird for a private tour and detailed financial package.

SKY REALTY • 364 W 2230 N, Suite 104, Provo, UT 84604

Information deemed reliable but not guaranteed. Buyer to verify all information.