1200 W Lori Lane, Heber City, UT 84032

  • $1,900,000
1200 W Lori Lane, Heber City, UT 84032
Active
1200 W Lori Lane, Heber City, UT 84032
1200 W Lori Lane, Heber City, UT 84032
  • $1,900,000

Overview

Property ID: 12602381
  • Condominium, Residential
  • Property Type
  • 1
  • Bedroom
  • 3
  • Bathrooms
  • 4345
  • Sqft
  • 2017
  • Year Built

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.

  • Address 1200 W Lori Lane
  • City Heber City
  • State/county UT
  • Zip/Postal Code 84032
  • Area Park East

Details

Updated on June 3, 2026 at 5:30 pm
  • Property ID: 12602381
  • Price: $1,900,000
  • Property Size: 4345 Sqft
  • Land Area: 0.06 Acres
  • Bedroom: 1
  • Bathrooms: 3
  • Garage Size: x x
  • Year Built: 2017
  • Property Type: Condominium, Residential
  • Property Status: Active

Additional details

  • Listing Terms: Cash,1031 Exchange,Conventional
  • Association Fee: 6000.00
  • Roof: Metal
  • Utilities: Cable Available,Natural Gas Connected,Electricity Connected
  • Sewer: Public Sewer
  • Cooling: Air Conditioning
  • Heating: Forced Air
  • Flooring: Wood
  • County: Wasatch
  • Property Type: Residential
  • Parking: Attached,RV Garage,Oversized,Hose Bibs,Floor Drain
  • Architectural Style: Multi-Level Unit

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