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Emily Hayes

CEO Emily Hayes Homes | Emily Hayes Homes | Keller Williams | PLACE

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1200 W Lori Ln #c15 , Heber City, UT 84032
$1,900,000
Est. Payment: $4,222.22/mo
1 Bed
3 Bath
3634 Sqft
Status: Active | Days on site: 40
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99000265 - 96090,0
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House Description

1200 Lori Lane #C15 is a rare opportunity to own a true income-producing investment property in the heart of the Wasatch Back. This 4,400 SF luxury flex space features three fully lockable levels, allowing for three separate tenants with no crossover between spaces--an increasingly sought-after configuration for today's investors. The property is currently 100% leased with three established long-term tenants in place, generating a 5%+ cap rate in one of Utah's fastest-growing markets. With seasoned leases, no vacancy, and immediate cash flow from day one, this is a stabilized asset designed for predictable returns. The main level features a 14-foot oversized garage door opening to approximately 2,000 SF of flex warehouse space, ideal for equipment storage, showroom use, or business operations. It also includes four private offices, a large conference room, break room/kitchen area, and secure separation between warehouse and office space. The second level offers more than 1,000 SF of residential living space, including a large bedroom, full en-suite bath, and spacious family room. The third level functions as a fully independent one-bedroom apartment with a designer kitchen, large bathroom, and comfortable living area. Both residential units benefit from strong rental demand due to their proximity to Deer Valley East Village and the Jordanelle corridor. Originally finished by one of Park City's most respected builders, the property showcases exceptional craftsmanship and quality throughout, supporting long-term tenant retention and asset value. Conveniently located just 5.5 minutes from Deer Valley East Village and 2 minutes from Jordanelle Reservoir, this property combines reliable cash flow with strong appreciation potential. With all three tenants in place, long-term leases, and a 5%+ cap rate that is increasingly difficult to find in the Park City area, this is a true turnkey investment opportunity.

Highlights

Listed by Jonathan Crosswhite , 435-659-4757 Christie's International Real Estate VUE , 435-649-0891.

Property Type

Condo/Townhome

Lot/Acreage
0.06

HOA Fee

6000 Annually

Year Built

2017

County

Wasatch

Area

Charleston; Heber

Neighborhood

Park East I

School District

South Summit

Listing ID

2162534

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:1
  • Bathrooms:3
  • Full Bathrooms:1
  • 1/2 Bathrooms:2
Floor:Hardwood
Above Ground Sq Ft:3634
Basement:Slab
Other:
  • Alarm:Fire
  • Range:Gas
  • Additional:Disposal, Mother-in-Law Apt., Vaulted Ceilings, Smart Thermostat(s)
Water:Culinary,Irrigation

Exterior Features

Lot:Road: Paved,Sprinkler: Auto-Full,View: Mountain,Drip Irrigation: Auto-Full
Lot Dimensions:0.0x0.0x0.0
Garage Capacity:4
Zoning:RES
Roof:Metal
Others:
  • Additional:Blt./Standing
Sewer:Sewer: Connected,Sewer: Public
Parking Features:Rv Parking
Principal Interest
$4,222
Taxes
$1,104
HOA
$6,000

Home Price

$1,900,000

Loan Details

30 yrs
%

Down Payment

20%
$380,000
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Monthly Price:
$4,222.22

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $4,222.22 $1,103.92 $6,000.00 $11,326.14
Yearly $50,666.67 $13,247.00 $72,000.00 $135,913.67
Total $1,520,000.00 $397,410.00 $2,160,000.00 $4,077,410.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Heber City, UT).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.