Back to listings
266 N 590 E photo 11 / 17

$4,449,000

Reduced from $4,450,000 · 2 days ago

266 N 590 E, Vineyard, UT 84059

Units

18

Price/Unit

$247,167

Price/Sqft

$248

Est Gross Yield

7.3%

$326,592/yr est.

Property Details

Property typeMultifamily
Year built2017
Total units18
Living area17,962 sqft
Bedrooms33
Bathrooms30
Lot size0.16 acres
Days on market120
Listed2026-02-20T00:00:00+00:00

Unit Mix

TypeCountBedsBathsSqftRent/Mo
Unit 11800998
Total180017,964

Unit mix data is reported by the seller or listing agent through the MLS and may be inaccurate or incomplete. Buyers should independently verify all information and conduct their own due diligence before making any investment decisions.

Description

This modern 18-unit, Class A apartment building in rapidly growing Vineyard, Utah offers a strong investment opportunity in a high-demand submarket. Built in 2017, the property features a desirable mix of 3-, 2-, and 1-bedroom units with granite countertops, stainless steel appliances, in-unit laundry, walk-in closets, and private patios. Residents enjoy resort-style amenities including a clubhouse, pool, 18-person hot tub, fitness center, playground, sport court, BBQ areas, pet parks, and EV charging. Ideally located near the Vineyard FrontRunner station, I-15, UVU, BYU, shopping, and dining, the property is well positioned for continued rent growth and long-term appreciation.

Listed by Chantal Drew · Luxury Group

Location

266 N 590 E, Vineyard, UT 84059

Proforma

Drag sliders to explore the deal

Cap Rate

4.78%

Cash-on-Cash

0.27%

Cash Flow

$377/mo

Purchase Price$4,449,000
Down Payment35% ($1,557,150)
Interest Rate6.00%
Monthly Rent$26,640/mo
Vacancy5%
Expense Ratio30% ($91,109)

Quick estimates only. Switch to Detailed for full line-item control.

Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.

DISCLAIMER: The information provided on this website, including property details, pricing, projections, and availability, is for informational purposes only and may change without notice. While Canovo Group, LLC strives to maintain accurate and up-to-date information, we do not guarantee its completeness or accuracy. Users should independently verify all information and property details, including availability and any leasing conditions, with the listing agent or property owner before making any decisions. Canovo Group, LLC is not responsible for any errors, omissions, or third-party content and makes no representations or warranties regarding the properties listed. Neither Canovo Group, LLC nor its affiliates are acting as your real estate agent or broker, nor do we represent or endorse any properties or parties unless expressly stated in a separate written agreement. This website is not an offer or solicitation to buy, sell, or lease any property. All transactions are the sole responsibility of the parties involved.

© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 6/20/2026, 5:22:12 AM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing data provided by UtahRealEstate.com.