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1200 W Lori Lane Unit C15, Heber City, UT 84032

$1,900,000
1 Beds
3 Bath
4,345 Square Feet
0.06 Acre

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.

BEDROOMS
1
BATHROOMS
3
PROPERTY TYPE
Residential
YEAR BUILT
2017
SUB-DIVISION
Park East
ACRES
0.06
MLS
#12602381

ABOUT 1200 W Lori Lane Unit C15:

Listing Details
Residential
For Sale
Condominium
$1,900,000
1
3
2
4,345 Sqft
0.06 Acre
Click Here
2017
Complete
Property Information
: Forced Air
: Air Conditioning
Ski Area, Mountain(s)
: Vaulted Ceiling(s), Ski Storage, Pantry, Storage, Ceiling Fan(s), Fire Sprinkler System
: Drip Irrigation, Sprinklers In Rear, Sprinklers In Front
: Floor Drain, Hose Bibs, Oversized, Attached, RV Garage
: Unassigned, Assigned
: Cable Available, Electricity Connected, Natural Gas Connected
: Public, Irrigation
Location
1200
Lori
Park East
C15
25 - Deer Mountain
Park East
Heber City
84032
UT
Wasatch
W
Amenities
: Fire Sprinklers, Security System - Entrance, Pets Allowed
HOA & Taxes
$6,000
Annually
$13,247
School District
South Summit
Additional Information
Active
121
: Cash, Conventional, 1031 Exchange
Christie's Int. RE VUE
https://tours.vuere.com/mls/244538111
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