266 N 590 E Building 6, Vineyard, UT 84059

$4,299,000
Property Type: MultiFamily Square Footage: 17,962 Lot Size (sq. ft.): 6,970 Status: Active
Current Price: $4,299,000 List Date: 2/20/2026 Last Modified: 8/01/2026

Overview

Description

This modern 18-unit, Class A apartment building in rapidly growing Vineyard, Utah offers a strong investment opportunity in a high-demand submarket. Built in 2017, the property features a desirable mix of 3-, 2-, and 1-bedroom units with granite countertops, stainless steel appliances, in-unit laundry, walk-in closets, and private patios. Residents enjoy resort-style amenities including a clubhouse, pool, 18-person hot tub, fitness center, playground, sport court, BBQ areas, pet parks, and EV charging. Ideally located near the Vineyard FrontRunner station, I-15, UVU, BYU, shopping, and dining, the property is well positioned for continued rent growth and long-term appreciation. 94% average occupancy rate.

Listing Details MLS# 26-269550

Location, Tax & Legal

House Number
266
Street Direction Pfx
N
Street Name
590
Street Direction Sfx
E
MLS Area
Outside Area
State/Province
UT
Postal Code
84059
County
Other
Tax ID
54:316:0006

Contract Info

Original List Price
4650000
Short Sale Status
No

General Prop Info

Realtor.com
Multi-Family
Lot Acres
0.16
Hot Tub YN
No
Pool Private YN
No
Year Built
2017
# of Buildings
Yes
Number of Units
18
1 Bedroom Aprx SqFt
813
2 Bedroom Aprx SqFt
1039
3 Bedroom Aprx SqFt
1323
Total SqFt
17962
# Floors
3
HOA Transfer Fee
Yes
Transfer Fee Amount
12,000

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
2 Bedroom Total Rent
14670
# 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
231465

More Information

Property Features

Construction: Stucco Roof: Metal Heating: Electric Air Conditioning: Central Air Showing Instructions: Call Listing Agent; Mgmt Company Zoning: Multi-Family; PUD Terms of Sale: 1031 Exchange; Cash; Conventional Possession: Close Of Escrow
Listing Office: Luxury Group
Last Updated: August - 01 - 2026
Information deemed reliable but not guaranteed.
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