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1200 W Lori Ln #c15 , Heber City, UT 84032
$1,900,000
Est. Payment: $9,441.11/mo
1 Bed
3 Bath
3634 Sqft
Status: active | Days on site: 32
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Ardivus Brivity
Sooper Dooper Guy
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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.
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Highlights

Listed by Jonathan Crosswhite , 435-659-4757 Christies International Real Estate VUE , 435-649-0891. Wasatch Front Multiple Listing Service

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

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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,Disposal,Mother-in-Law Apt.,Range: Gas,Vaulted Ceilings,Smart Thermostat(s)
Other: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:Blt./Standing
Sewer:Sewer: Connected,Sewer: Public
Parking Features:Rv Parking
Principal Interest
$9,441
Taxes
$1,104
HOA
$6,000

Home Price

$1,900,000

Loan Details

30 yrs
6.333%

Down Payment

20%
$380,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$9,441.11

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $9,441.11 $1,103.92 $6,000.00 $16,545.02
Yearly $113,293.29 $13,247.00 $72,000.00 $198,540.29
Total $3,398,798.71 $397,410.00 $2,160,000.00 $5,956,208.71
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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.

Information deemed reliable but not guaranteed accurate. Buyer to verify all information.The multiple listing information is provided by Wasatch Front Regional Multiple Listing Service, Inc. from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2014 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved. The information provided is for consumers, personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data last updated: 2026-07-05T11:29:13.000Z

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