UT
Wasatch
Heber City
84032
1200 W LORI LN C15
1200 W LORI LN C15, Heber City, UT 84032
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Listing Type
Condo/Townhome
Listing Status
Active
24
$1,900,000

Home Details for 1200 W LORI LN C15

Price
$1,900,000
Type
Residential
Bedrooms
1
Total Bathrooms
3
Full Bathrooms
1
Half Bathrooms
2
Square feet
3634
Year built
2017
Lot size acres
0.06
County
Wasatch
Total rooms
4
Garage
4
Basement
None
MLS Listing#
2162534
Hoa
6000
Property 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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Property Features
  • Utilities
    • Natural Gas Available
    • Natural Gas Connected
    • Electricity Connected
    • Sewer Connected
    • Water Connected
  • Parking
    • RV Access/Parking
    • Attached
    • Garage
  • House Interior
    • In-Law Floorplan
    • Vaulted Ceiling(s)
  • Heating Information
    • Forced Air
  • Garage
    • 1
  • Basement
    • None
School Information
School Information for 1200 W LORI LN C15, Heber City, UT 84032
Elementary School
South Summit
Middle School
South Summit
High School
South Summit
Listing Courtesy: Christies International Real Estate VUE - 435-649-0891
Wasatch Front Regional MLS logoBased on information from the Wasatch Front Regional Multiple Listing Service, Inc. 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.
Last Updated: 2026-06-03 16:12:02
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EXIT REALTY LEGACY
4516 South 700 East Suite 190, Murray, UT 84107
Goose Hoeft
License #: 14246756-SA00
Sales Representative
Office
801 438 0246
Agent
385 535 6037
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