Refine Search
Sort by
1126 W 250  S, American Fork
$4,550,000
33 Beds ⋅ 30 Baths ⋅ 2188560 MLS
Marcus & Millichap is pleased to present The Yard Building 9, an 18-unit, newer-vintage multifamily community located in American Fork, Utah, in the heart of the rapidly expanding Silicon Slopes technology hub. Built in 2024, the property features an attractive mix of six one-bedroom, nine two-bedroom, and three three-bedroom units, with in-place rents averaging approximately $1,500 per month across the unit mix. Building 9 provides investors with the opportunity to acquire a recently constructed asset with demonstrated post-lease-up rent growth and continued upside. The Yard benefits from a high-growth American Fork location with convenient access to the region's major employment centers, transportation corridors, and amenities. The community is currently 92%+ occupied, while third-party property management and HOA oversight provide a passive, low-management ownership structure. The combination of newer construction, strong market fundamentals, demonstrated rent growth, and streamlined operations positions The Yard Building 9 as an attractive investment opportunity in one of Utah's highest growth markets. Investment Highlights: Newer Vintage, Superior Product: Built in 2024 with large floorplans and a favorable unit mix (6/9/3: 1BR/2BR/3BR), commanding a competitive edge over older area supply. Proven Lease-Up Performance: The Yard is 92%+ occupied community-wide, with 2-bedroom units achieving 10%+ rent bumps following initial lease-up, clear evidence of market depth and pricing power. Embedded Rent Growth & Income Upside: Continued rent growth is expected, with additional upside from planned ancillary income streams (pet, parking, and similar fees). Passive, Low-Intensity Ownership: HOA and third-party property management handle day-to-day operations, making this an ideal fit for investors seeking a hands-off, institutional-quality hold. Tax-Advantaged Acquisition: Multifamily properties support a strong cost segregation outcome, and 100% bonus depreciation is now a permanent feature of the tax code for qualifying property, enabling significant year-one accelerated depreciation (see tax section below). High-Growth Submarket: Located in American Fork, adjacent to Lehi/Silicon Slopes, home to major tech employers including Adobe, Microsoft, and Oracle. Utah's tech sector grew employment 19% over the most recent reporting period, per the Utah Department of Workforce Services, with the Salt Lake and Provo-Orem metro areas together accounting for 85% of the state's tech jobs. Utah County is projected to double to 1.5 million residents between 2025 and 2065, driving 45% of total regional population growth and sustaining long-term multifamily demand. American Fork Growth Trajectory: American Fork's population grew 15.5% from the 2020 census (33,337) to the U.S. Census Bureau's 2023 population estimate (38,549), reflecting sustained above-average growth in Utah County and reinforcing durable rental demand.

1126 W 250 S, American Fork

American Fork
$1,300,000
8 Beds ⋅ 4 Baths ⋅ 2166651 MLS
4 PLEX/Commercial- Located just east of I-15 and minutes from Silicon Slopes, major retail hubs, restaurants, etc. This property is situated in a rapidly expanding area with strong appreciation potential. The building features four units that are all two-bedroom, one bath units. There is also a commercial unit that is divided into two areas with the smaller area used as a HOA office and the larger area as the gym for the development. The community includes lifestyle perks such as fitness center, sports courts, playgrounds, and open green spaces. Quick freeway access and beautiful mountain views enhance its appeal for tenants. Buyer/Broker to verify all information. This property can be purchased individually or together with the following available listings: MLS #2166651, MLS #2166642, MLS #2166629 and 2166616. Contact the listing agent for more information on purchase opportunities.

American Fork

American Fork
$819,000
7 Beds ⋅ 5 Baths ⋅ 2166642 MLS
TRIPLEX --Located just east of I-15 and minutes from Silicon Slopes, major retail hubs, restaurants, etc. This property is situated in a rapidly expanding area with strong appreciation potential. The building features three units: one is a one-bedroom, one-bath unit, and the other two are three-bedroom, two baths floor plans. There are also two private 1-car garages. The community includes lifestyle perks such as fitness center, sports courts, playgrounds, and open green spaces. Quick freeway access and beautiful mountain views enhance its appeal for tenants. Buyer/Broker to verify all information This property can be purchased individually or together with the following available listings: MLS #2166651, MLS #2166642, MLS #2166629 and 2166616. Contact the listing agent for more information on purchase opportunities.

American Fork

American Fork
$819,000
7 Beds ⋅ 5 Baths ⋅ 2166629 MLS
TRIPLEX --Located just east of I-15 and minutes from Silicon Slopes, major retail hubs, restaurants, etc. This property is situated in a rapidly expanding area with strong appreciation potential. The building features three units: one is a one-bedroom, one-bath unit, and the other two are three-bedroom, two baths floor plans. There are also two private 1-car garages. The community includes lifestyle perks such as fitness center, sports courts, playgrounds, and open green spaces. Quick freeway access and beautiful mountain views enhance its appeal for tenants. Buyer/Broker to verify all information This property can be purchased individually or together with the following available listings: MLS #2166651, MLS #2166642, MLS #2166629 and 2166616. Contact the listing agent for more information on purchase opportunities.

American Fork

American Fork
$819,000
7 Beds ⋅ 5 Baths ⋅ 2166616 MLS
TRIPLEX --Located just east of I-15 and minutes from Silicon Slopes, major retail hubs, restaurants, etc. This property is situated in a rapidly expanding area with strong appreciation potential. The building features three units: one is a one-bedroom, one-bath unit, and the other two are three-bedroom, two baths floor plans. There are also two private 1-car garages. The community includes lifestyle perks such as fitness center, sports courts, playgrounds, and open green spaces. Quick freeway access and beautiful mountain views enhance its appeal for tenants. Buyer/Broker to verify all information. This property can be purchased individually or together with the following available listings: MLS #2166651, MLS #2166642, MLS #2166629 and 2166616. Contact the listing agent for more information on purchase opportunities.

American Fork

1125 W 250  S Unit 3, American Fork
$4,900,000
33 Beds ⋅ 30 Baths ⋅ 2023329 MLS
IMPROVED PRICE! Rare Investment Opportunity! Stabilized new 18 unit Apartment Building. Onsite management & model unit. Built 2024. Located in American Fork within walking distance of the American Fork TRAX station. Quick access to I-15, shopping, restaurants, entertainment. The Yard development consists of twelve 18-plex buildings (total 216 units). Each building has a single tax ID & owned by individual entity. Investor-oriented HOA. (3) 3 bed 2 bath units, (9) 2 bed 2 bath units, and (6) 1 bed 1 bath units. Each unit has a patio or balcony. Modern Living at its finest, open floor plan, big windows for natural light, wood type flooring, granite countertops throughout, upgrade white cabinets, upgraded hardware, 9' ceilings. Controlled access. Download more info: https://shorturl.at/BncoL Model unit is available to tour during business hour. All information is deemed reliable but not guaranteed. Buyer is responsible to verify all listing information.

1125 W 250 S Unit 3, American Fork

Information deemed reliable but not guaranteed accurate. Buyer to verify all information. Terms of Use
The multiple listing information is provided by Wasatch Front Regional Multiple Listing Service, Inc. from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved.
The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.