Easton Park Apartments 4 Multifamily Properties Offered at $5,193,641 CAD in American Fork, UT

Multifamily Investment Portfolio Opportunity
Rare opportunity to acquire four multifamily buildings in the same American Fork development. The portfolio includes one fourplex, three triplexes, and a commercial space for a total of 13 residential units plus one additional commercial unit. Available for purchase as a complete package or individually under separate MLS listings.
Individual listings include MLS #2166651, MLS #2166616, MLS #2166629, and MLS #2166642.
Total Project Portfolio Purchase Price: $3,757,000
Project Portfolio Breakdown

Building 1 | Fourplex + Commercial Space
MLS #2166651
744 E 500 S, American Fork, UT 84003
• Purchase Price $1,300,000.00
• Four residential units, all featuring 2 bedrooms and 1 bathroom
• Additional commercial space rented by the HOA which includes a Rec Room serving the development.
Building 2 | Triplex
MLS #2166616
831 E 550 S, American Fork, UT 84003
• Purchase Price $819,000.00
• One 1-bedroom, 1-bathroom unit
• Two 3-bedroom, 2-bathroom units
• Two private single-car garages

Building 3 | Triplex
MLS #2166629
835 E 550 S, American Fork, UT 84003
• Purchase Price $819,000.00
• One 1-bedroom, 1-bathroom unit
• Two 3-bedroom, 2-bathroom units
• Two private single-car garages
Building 4 | Triplex
MLS #2166642
841 E 550 S, American Fork, UT 84003
• Purchase Price $819,000.00
• One 1-bedroom, 1-bathroom unit
• Two 3-bedroom, 2-bathroom units
• Two private single-car garages

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Financial Information:
Gross Annual Income: $ 246,433.00
Operating Expenses: $65,879.00
Net Operating Income (NOI): $180,500.00
Cap Rate: 4.81%
Purchase Price: $3,757,000

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Remarks
Excellent investment opportunity in a highly desirable American Fork location. The project is conveniently situated just east of I-15, providing quick access to Silicon Slopes, major employment centers, shopping, dining, and entertainment. Located within a rapidly growing area of Utah County, the property offers strong long-term appreciation potential and consistent tenant demand.
Community amenities include a fitness center, sports courts, playgrounds, open green spaces, and scenic mountain views. Easy freeway access and attractive neighborhood amenities further enhance the property's appeal to residents.
Buyer and Buyer's Broker to verify all information.
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Agent Remarks
Do not disturb tenants. Showings by appointment only. Contact the listing agent for additional information and to schedule access.
HOA Fee include:

• Fitness center access
• City Utilities; Water, Sewer, Garbage
• Landscape management
• Snow removal