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UTAH INCOME PROPERTIES LLCwww.utahrealestate.biz

N E W C O N S T R U C T I O N .

18-plex Modern Apartments

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TABLE OF CONTENTS P2Project Summary P3Project Location P4@Geniva Master Plan P5Vicinity Map P6Purchase Analysis P7Amenities P8Floor Plans P9-13Plat Map P14

Cap Rate : 5.6 % Purchase Price : $3,750,000Annual NOI: $208,496Project Location : 556 E 250 N (Lot 26) Vineyard, UT 84059Built in November 2019

This beautiful collection of modern style living apartment homes feature everything from a fully-equipped kitchen/bathrooms with designer finishes,

and modern wood custom cabinets as well granite counter tops, stainless steel appliances, distinctive wood style flooring through out the common areas

and plush thick carpets in bed rooms. Modern fitness club Features, fully equipped kitchen, fitness center with cardio, Pool and hot tub.

Media package includes 150 Direct T.V. & High speed internet, pet friendly. Conveniently located along four freeway exits and Frontrunner station.

You couldn't live in a more centrally located condo just minutes from the UVU, BYU and 15 minute drive to silicon slopes ( Micron, Adobe, Vivant, etc. )

Provo Canyon, where hiking, fishing, biking tubing and skiing are all available to you in the right season.

P R O J E C T S U M M A R Y .

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P R O J E C T L O C A T I O N .

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Vineyard’s population has gone from 139 residents in 2010 to

over 14,000 in 2018. By 2025, it is anticipated that Vineyard’s

population will be over 26,000. By buildout, approximately

20,000 jobs will be created in the retail, office and industrial

sectors.

V i n e y a r d , U T .

@ G E N E V A . M A S T E R P L A N .

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@geneva is a 1,700 acre master-planned community centrally located in Utah Valley that offers residential, office, retail, educational and industrial uses. @geneva has the best access in Utah Valley with three I-15 interchanges adjacent to the project, wide roads, access to mass transit that includes both Frontrunner and future light rail creating the only mixed-use TOD in Utah County and a trail system for pedestrians and bikes. Geneva is projected to house 26,000 residents and create approximately 20,000 jobs. The future Town Center will be a one of a kind experience for central Utah County including both incredible lakeside and mountain views.By buildout, approximately 20,000 jobs will be created in the retail, office and industrial sectors. Projected square feet to be developed in each sector are as follows:

● Office: 3.5 million ● Industrial: 5.5 million ● Retail: 2.1 million

● Three I-15 interchanges are adjacent to the project● Two state roads including the yet to be completed 7

lane Vineyard Connector that will connect Vineyard to Pioneer Crossing

● Well designed and wide major infrastructure roads built to carry large amounts of traffic

● FrontRunner (train) station currently under construction and future light rail creating one of only three transit oriented hubs along the Wasatch Front

Transportation

● Over 3000 units completed or under construction● Product types : Apartments, townhomes, single family homes,

condominiums, 55+ housing development and more.● Total residential units expected at buildout nearly 8,000● Anticipated total @geneva residents approximately 26,000

Residential

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V I C I N I T Y M A P S .

Future Vineyard Trax Station

18-PLEX Modern ApartmentsI - 1 5

P U R C H A S E . A N A L Y S I S .

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(3%)

HOA includes: High-speed Internet (available in unit & all common areas), Cable TV, Water, Sewer, Trash, Common area cleaning, maintenance & structural/ liability insurance, light exterior cleaning & maintenance, lawn care, snow removal.. On-site management & leasing office.

EV Charging Stations

Clubhouse Exercise Room Kitchen & Rec Space Shower Rooms Dog Park Playgrounds Wi-fi in Common Area

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24/7 Access to Swimming pool & Hot Tub

A M E N I T I E S .

On-site Leasing Office

F L O O R P L A N S .

1 BED 1 BATH Total 9 units

2 BEDS 2 BATHS Total 6 units

3 BEDS 2 BATHS Total 3 units

Approx 807 SQFTRent $1,270/mo

Approx 1033 SQFTRent $1,470/mo

Approx 1315 SQFTRent $1,670/mo

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Building Front Building Side

Clubhouse Front Clubhouse Side

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M A I N F L O O R .

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(2) 1 bed 1 bath(3) 2 bed 2 bath(1) 3 bed 2 bath

S E C O N D F L O O R .

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(2) 1 bed 1 bath(3) 2 bed 2 bath(1) 3 bed 2 bath

T H I R D F L O O R .

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(2) 1 bed 1 bath(3) 2 bed 2 bath(1) 3 bed 2 bath

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P L A T M A P .

S A M L E V I N SKY REALTY COMPANYSam@UtahRealEstate.Biz8 0 1 . 6 5 2 . 7 3 9 7

U T A H I N C O M E P R O P E R T I E S L L C W W W . U T A H R E A L E S T A T E . B I Z

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