Property Attributes
- MLS#2185812
- TypeTownhouse
- Listing Status Active
- CountyUTAH
- CityVineyard
- AreaPl Grove
- NeighborhoodEDGEWATER
- Zip84059
- StyleTownhouse; Row-mid
- Year Built2014
- Taxes$ 2500
- Price$ 384,500
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms1
- Sqr Footage1910
- Lot Size0.01 Acres
Data Source:
Wasatch Front Regional MLS (WFRMLS)
Property Description
TURNKEY VINEYARD INVESTMENT OPPORTUNITY WITH AN APPROX. 10% CAP RATE! Currently operating as an established mid-term rental with professional on-site property management, this property offers a compelling opportunity for an investor looking for income, proven performance and a simple transition. The rental business has continued to gain momentum in 2026. According to the current Property Manager, the property has approximately $40,800 in rental revenue earned/booked through October, with recent months reaching approximately $4,700/month. Based on current performance, projected normalized income and reported operating expenses, the property offers an estimated NOI of approximately $34,000$40,000 before management-or approximately a 10% cap rate at the $384,900 list price. Past rental history further supports the established nature of the operation. The opportunity can be especially turnkey for a new investor. The existing furniture and furnishings may be purchased separately from the Property Manager for approximately $7,500, and the current Property Manager is open to continuing management for the new owner-potentially allowing the rental operation to continue with minimal disruption. The home features 3 bedrooms, approximately 1,910 finished sq. ft., a finished basement and attached garage, plus community amenities including a clubhouse, fitness room, pool and more. Convenient Vineyard location near UVU, BYU, shopping, dining, entertainment and transportation. Rental income, expenses, projections and financial information provided by the current Property Manager. Buyer to independently verify and analyze all information. Past performance does not guarantee future income, occupancy or investment returns.
| Elementary School | Middle School | High School |
|---|---|---|
| Vineyard Elementary School | Lakeridge Middle School | Mountain View High School |
| Price History | |
|---|---|
| 9/17/2026 | Listed $584,500 |
| 9/17/2026 | 35$384,500 |
General Features
| Living Area | 1910.0 |
|---|---|
| Sewer | Sewer: Connected,Sewer: Public |
| Heating | Gas: Central,>= 95% efficiency |
| Cooling | Central Air |
| Utilities | Natural Gas Connected,Electricity Connected,Sewer Connected,Sewer: Public,Water Connected |
| Roof | Asphalt |
| Zoning | Multi-Family |
| HOA Fee | 275.0 |
| Garage Spaces | 1.0 |
| Association Fee Includes | Insurance,Maintenance Grounds,Sewer,Trash,Water |
| Architectural Style | Townhouse; Row-mid |
| Construction Materials | Asphalt,Composition,Stone |
| Year Built | 2014 |
| Stories Count | 4 |
| Topography | Sprinkler: Auto-Full,Terrain,Flat |
| Property Subtype | Townhouse |
| Current Use | Residential |
| Community Features | Clubhouse |
| Accessibility | Accessible Hallway(s) |
| Assoc Fee Paid Per | Monthly |
| County | Utah |
| New Construction | No |
| Property Type | Residential |
| Association Amenities | Barbecue,Clubhouse,Fitness Center,Insurance,Maintenance,Pets Permitted,Picnic Area,Pool,Sewer Paid,Snow Removal,Tennis Court(s),Trash,Water |
| HOA | Yes |
| Attached Garage | Yes |
| Subdivision Name | EDGEWATER |
| Facing Direction | West |
| Garage Y/N | Yes |
| Total Rooms | 13 |
| Full Baths | 2 |
| Status | Active |
| High School | Mountain View |
| City | Vineyard |
| Association Name | Advantage Management |
| Senior Community Y/N | No |
| High School District | Alpine |
| Zoning Description | RES |
| Open Parking Spaces | 1.0 |
| MLS Area | Pl Grove; Lindon; Orem |
| Lot Size Units | Acres |
| Lot Size Square Feet | 435.6 |
| Carport Y/N | No |
| Listing Terms | Cash,Conventional,FHA,VA Loan |
| Elementary School | Vineyard |
| Property Attached Y/N | No |
| Tax Annual Amount | 2500.0 |
| Home Warranty Y/N | No |
| Middle/Junior High School | Lakeridge |
| Property Condition | Blt./Standing |
| Lease Considered Y/N | No |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Middle/Junior School District | Alpine |
| Elementary School District | Alpine |
| PostalCity | Vineyard |
| ADU | No |
Interior Features
| Interior Amenities | Disposal,Range/Oven: Built-In,Vaulted Ceilings,Granite Countertops |
|---|---|
| Basement | Full |
| Flooring | Carpet,Laminate |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Window Features | Blinds |
| Fireplace Y/N | No |
| Above Grade Finished Area | 1550.0 |
| Half Baths | 1 |
| Laundry Features | Electric Dryer Hookup |
| Total Bedrooms | 3 |
| Total Baths | 3 |
| 1/2 Baths | 1 |
| Basement Finished | 100 |
Exterior Features
| Vegetation | Landscaping: Full |
|---|---|
| Parking Features | Attached |
| Lot Features | Sprinkler: Auto-Full |
| Water Source | Culinary |
| Total Parking | 2.0 |
| Lot Size Area | 0.01 |
| Spa | No |
| Building Area Total | 1910.0 |
| Lot Dimensions | 0.0x0.0x0.0 |
| Lot Size Acres | 0.01 |
| Frontage Length | 0.0 |
| Private Pool | No |
| Waterfront Y/N | No |
| Covered Spaces | 1.0 |
| RV Parking Dimensions | 0.00 |
| Horse Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Pets
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Wasatch Front Regional MLS - Salt Lake Board of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties