American Fork Homes with Stories: 3 Style

American Fork Homes with Stories: 3 Style

Welcome to American Fork, Utah – a charming city nestled in the heart of Utah County, where stunning mountain views meet a vibrant community spirit. Known for its rich history and breathtaking landscapes, American Fork offers a perfect blend of suburban tranquility and urban convenience. With easy access to major highways and public transportation, residents enjoy a seamless commute to nearby cities like Provo and Salt Lake City, making it an ideal location for families and professionals alike.

American Fork is not just about picturesque views and accessibility; it’s also a city brimming with recreational opportunities. The stunning American Fork Canyon, with its hiking trails, picnic spots, and stunning scenery, is a local favorite. The city also boasts numerous parks, sports facilities, and community events that foster a sense of belonging among residents.

When it comes to homes, American Fork has a delightful array of options that tell their own unique stories. From charming bungalows to modern family residences, the homes here are designed with both comfort and style in mind. Many properties feature spacious yards, contemporary designs, and energy-efficient amenities, perfect for creating lasting memories with loved ones.

Whether you’re seeking a cozy starter home or a spacious abode for your growing family, American Fork has something for everyone. Discover the warmth and character of homes with stories waiting to be written, all set against the backdrop of this enchanting city. Come explore American Fork – where your dream home and new adventures await!

Newest American Fork Homes with Stories: 3 Style

1126 W 250  S, American Fork
$4,550,000
33 Beds ⋅ 30 Baths ⋅ 2188560 MLS
Marcus & Millichap is pleased to present The Yard Building 9, an 18-unit, newer-vintage multifamily community located in American Fork, Utah, in the heart of the rapidly expanding Silicon Slopes technology hub. Built in 2024, the property features an attractive mix of six one-bedroom, nine two-bedroom, and three three-bedroom units, with in-place rents averaging approximately $1,500 per month across the unit mix. Building 9 provides investors with the opportunity to acquire a recently constructed asset with demonstrated post-lease-up rent growth and continued upside. The Yard benefits from a high-growth American Fork location with convenient access to the region's major employment centers, transportation corridors, and amenities. The community is currently 92%+ occupied, while third-party property management and HOA oversight provide a passive, low-management ownership structure. The combination of newer construction, strong market fundamentals, demonstrated rent growth, and streamlined operations positions The Yard Building 9 as an attractive investment opportunity in one of Utah's highest growth markets. Investment Highlights: Newer Vintage, Superior Product: Built in 2024 with large floorplans and a favorable unit mix (6/9/3: 1BR/2BR/3BR), commanding a competitive edge over older area supply. Proven Lease-Up Performance: The Yard is 92%+ occupied community-wide, with 2-bedroom units achieving 10%+ rent bumps following initial lease-up, clear evidence of market depth and pricing power. Embedded Rent Growth & Income Upside: Continued rent growth is expected, with additional upside from planned ancillary income streams (pet, parking, and similar fees). Passive, Low-Intensity Ownership: HOA and third-party property management handle day-to-day operations, making this an ideal fit for investors seeking a hands-off, institutional-quality hold. Tax-Advantaged Acquisition: Multifamily properties support a strong cost segregation outcome, and 100% bonus depreciation is now a permanent feature of the tax code for qualifying property, enabling significant year-one accelerated depreciation (see tax section below). High-Growth Submarket: Located in American Fork, adjacent to Lehi/Silicon Slopes, home to major tech employers including Adobe, Microsoft, and Oracle. Utah's tech sector grew employment 19% over the most recent reporting period, per the Utah Department of Workforce Services, with the Salt Lake and Provo-Orem metro areas together accounting for 85% of the state's tech jobs. Utah County is projected to double to 1.5 million residents between 2025 and 2065, driving 45% of total regional population growth and sustaining long-term multifamily demand. American Fork Growth Trajectory: American Fork's population grew 15.5% from the 2020 census (33,337) to the U.S. Census Bureau's 2023 population estimate (38,549), reflecting sustained above-average growth in Utah County and reinforcing durable rental demand.

1126 W 250 S, American Fork

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