New construction

1200 W Lori Ln C15, Heber City, UT 84032

Bed
1
Sqft
4,345

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Listed byChristies International RE PC
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Overview

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.

Location

Full feature list

Basic info

Property type
Condo/Co-op
Number of bedrooms
1
Square feet
4,345
Lot size (acres)
0.06
Year built
2017

Interior features

Laundry
Laundry Room

Exterior features

New construction
Yes

Utilities

Heating
Forced Air
Sewer
Public Sewer
Water
Public Water

Estimated monthly costs

HOA Fees
$500

Taxes

Tax Annual Amount (2025)
$13,247

Public schools

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Sourced from: Park City Board of REALTORS MLS®#: 12602381 Last checked:

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