287 N 680 E
Vineyard, UT 84059
About
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.
Property
Beds
3
Full Baths
2
1/2 Baths
1
Year Built
2014
Sq.Footage
1,910
Features
Features & Amenities
Interior
-
Other Interior Features
Vaulted Ceiling(s), Granite Counters
-
Total Bedrooms
3
-
Bathrooms
2
-
1/2 Bathrooms
1
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Central, Natural Gas
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
1
-
Construction Materials
Asphalt, Stone
-
Parking
Attached, Garage
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.01
-
Lot Size(square feet)
435
-
Property Type
Residential
-
Property Sub Type
Townhouse
-
Architectural Style
Townhouse; Row-mid
Price
-
Sales Price
$384,500
-
Tax Amount
$2,500
-
Zoning
RES
-
Sq. Footage
1,910
-
Price/SqFt
$201
HOA
-
Association
YES
-
Association Fee
$275
-
Association Fee Frequency
Monthly
-
Association Fee Includes
N/A
Property Resources
-
Horse Property
NO
School District
-
Elementary School
Alpine
-
Middle School
Lakeridge
-
High School
Mountain View
Property Features
-
New Construction
NO
-
Accessibility Features
Accessible Hallway(s)
-
Association Amenities
Barbecue, Clubhouse, Fitness Center, Insurance, Maintenance, Picnic Area, Pool, Snow Removal, Tennis Court(s), Trash, Water
-
Senior Community YN
NO
-
Sewer
Public Sewer
Schedule
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Location
-
County
Utah
-
Elementary School
Alpine
-
Middle School
Lakeridge
-
High School
Mountain View
Listing Courtesy of Jared Fields, Real Broker, LLC
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Damon Luke
President / Real Estate Agent
Call Damon today to schedule a private showing.
Phone (801) 477-7421
Email Damon@OnXrealty.com
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