287 N 680 E

Vineyard, UT 84059
  • $384,500

    Price
  • 3

    Bed
  • 3

    Bath
  • 1,910

    SqFt
  • 0.01

    Acre

About the Listing 71477 - 85512

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.

Listing Highlights for 287 N 680 E

Status Active
Days on Site 43
Property Type Condo/Townhome
MLS ® 2185812
Year Built 2014
Total Square Footage 1,910
Lot/Acreage 0.01
County Utah
Neighborhood Edgewater
HOA Dues 275/Monthly
School District Alpine
Elementary School Vineyard
Middle School Lakeridge
High School Mountain View

Interior Details

  • Bedrooms: 3
  • Bathrooms: 2 Full / 1 Half
  • Appliances:
  • Air Cond: Central Air
  • Heating: Gas: Central,>= 95% efficiency
  • Fireplaces:
  • Floor: Carpet,Laminate
  • Above Ground Sq Ft: 1550
  • Basement: Full
  • Other: Disposal,Range/Oven: Built-In,Vaulted Ceilings,Granite Countertops
  • Water: Culinary

Exterior Details

  • Lot Description: Sprinkler: Auto-Full
  • Garage Capacity: 1 car
  • Parking Spaces: 2
  • Lot Dimensions: 0.0x0.0x0.0
  • Zoning: RES
  • Roof: Asphalt
  • Others: Blt./Standing
  • Sewer: Sewer: Connected,Sewer: Public
  • Parking Features: Attached

Financial Details

  • Tax Amount: $2,500
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 38-460-0007
  • Tax Year: N/A

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287 N 680 E Vineyard, UT 84059

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Originating MLS: UtahRealEstate.com

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Jenn Smart

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