USAUTHeber CityPark East IC15-1200 W Lori Ln

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C15-1200 W Lori Ln, Heber City, UT

Condo

For Sale

Listed price in listed location currency (USD).

$1,900,000

134

MLS® 2162534

Overview

Key Facts

Type Condominium

Levels Residential

Size 3634 sqft

Garage Yes

Maintenance Fees $6,000

Taxes $13,247

Days Active 0

Approx. Age 2017

Avg. Price Per Sqft $522

MLS® Number 2162534

Property Address: c15-1200 W Lori Ln, Heber City, UT, 84032

Average square foot calculated using Size range provided by listing agent.

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.

MLS® Number2162534

Locker

Ensuite Laundry

Balcony

Furnished

Laundry Level

Exposure

Exterior

GarageYes

Approx. Age2017

Stories

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Heating Fuel

Extras

Price History

Last Sold Price

----

Appreciation

Avg. Days Listed

0 days

Today, For Sale for $1,900,000

For Sale · 0 days

$1,900,000

MLS® 2162534

8 hours ago

Not Sold Yet

June 2026, For Sale for $1,900,000

For Sale · 0 days

$1,900,000

MLS® 2162534

8 hours ago

Not Sold Yet

Jun 3, 2026, For Sale for $1,900,000

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