287 N 680 E, Vineyard, UT 84059

$384,500
3
BD
3
BA
1,910
SqFt

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List Price
$384,500
Status
ACTIVE
MLS#
2185812
Days on Market
2
Price Change
▼ $200,000 1789683338
Year Built
2014
Bedrooms
3
Bathrooms
3
1/2 Baths
1
Square Feet
1,910
Parcel Number
38-460-0007
Acres
0.01
Terms
Cash, Conventional, FHA, VA Loan
County
Utah
Region
Pl Grove; Lindon; Orem
Subdivision
Edgewater

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.

Additional Information

Taxes
$2,500
Hoa Fee
$275
HOA Amenities
Barbecue, Clubhouse, Fitness Center, Insurance, Maintenance, Pets Permitted, Picnic Area, Pool, Sewer Paid, Snow Removal, Tennis Court(s), Trash, Water
Interior Features
Disposal, Range/Oven: Built-In, Vaulted Ceilings, Granite Countertops
Basement
Full
Floor
Carpet, Laminate
Garage Spaces
1
Heating
Gas: Central, >= 95% efficiency
Roof
Asphalt
School District
Alpine
Elementary School
Vineyard
Middle School
Lakeridge
High School
Mountain View
Style
Townhouse; Row-mid
Living Area
1,910

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Calculator source: Real Geeks

Listing courtesy of Real Broker, LLC.

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