1200 W Lori Ln #C15, Heber City, UT 84032
Local realty services provided by:CENTURY 21 Lifestyle Real Estate
Listed by: jonathan crosswhite
Office: christie's international real estate vue
MLS#:2162534
Source:SL
Price summary
- Price:$1,900,000
- Price per sq. ft.:$522.84
- Monthly HOA dues:$500
About this home
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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Home facts
- Year built:2017
- Subdivision & Development:PARK EAST I
- Listing ID #:2162534
- Added:146 day(s) ago
- Updated:October 28, 2026 at 12:01 PM
Rooms and interior
- Bedrooms:1
- Total bathrooms:3
- Full bathrooms:1
- Half bathrooms:2
- Rooms Total:4
- Flooring:Hardwood
- Kitchen Description:Disposal, Range: Gas
- Basement Description:Slab
- Living area:3,634 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Metal
- Year built:2017
- Building area:3,634 sq. ft.
- Lot area:0.06 Acres
- Lot Features:Drip Irrigation, Flat, Road: Paved, Sprinkler: Auto-Full
- Architectural Style:Tri/Multi-Level
- Construction Materials:Aluminum, Frame
- Levels:3 Story
Schools
- High school:South Summit
- Middle school:South Summit
- Elementary school:South Summit
Utilities
- Water:Culinary, Irrigation, Water Connected
- Sewer:Sewer Connected, Sewer: Connected, Sewer: Public
Finances and disclosures
- Price:$1,900,000
- Price per sq. ft.:$522.84
- Tax amount:$13,247
Features and amenities
- Amenities:Alarm: Fire, Maintenance, Management, Mother-In-Law Apartment, Smart Thermostat(s), Snow Removal, Vaulted Ceilings, Water
Parking
- Total parking spaces:4
- Parking description:4 Car Garage, Attached, Attached Garage, Garage Door Opener, Rv Parking
- Garage spaces:4
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