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.
Vineyard is located in Utah. Vineyard, Utah has a population of 11,579. Vineyard is more family-centric than the surrounding county with 55.36% of the households containing married families with children. The county average for households married with children is 50.01%.
The median household income in Vineyard, Utah is $86,355. The median household income for the surrounding county is $82,893 compared to the national median of $69,021. The median age of people living in Vineyard is 24.1 years.
The average high temperature in July is 92.1 degrees, with an average low temperature in January of 21 degrees. The average rainfall is approximately 17 inches per year, with 42.3 inches of snow per year.
