Listing Courtesy of: Park City MLS / Listed By: Christie's Int. Re Vue
1200 W Lori Lane C15 Heber City, UT 84032
Active (9 Days)
$1,900,000 (USD)
Description
MLS #:
12602381
12602381
Taxes
$13,247(2025)
$13,247(2025)
Lot Size
2,614 SQFT
2,614 SQFT
Type
Condo
Condo
Year Built
2017
2017
Views
Ski Area, Mountain(s)
Ski Area, Mountain(s)
School District
South Summit
South Summit
County
Wasatch County
Wasatch County
Listed By
Jonathan Crosswhite, Christie's Int. Re Vue
Source
Park City MLS
Last checked Jun 12 2026 at 6:31 AM PDT
Park City MLS
Last checked Jun 12 2026 at 6:31 AM PDT
Bathroom Details
- Full Bathroom: 1
- Half Bathrooms: 2
Interior Features
- Ceiling Fan(s)
- Vaulted Ceiling(s)
- Pantry
- Ski Storage
- Storage
Kitchen
- Refrigerator
- Oven
- Microwave
- Gas Range
- Disposal
- Dishwasher
- Energy Star Qualified Washer
- Freezer
- Washer/Dryer Stacked
Subdivision
- Park East
Lot Information
- Natural Vegetation
- Sprinklers In Front
- Sprinklers In Rear
- South Facing
- Level
Property Features
- Fireplace: None
- Foundation: Concrete Perimeter
Heating and Cooling
- Forced Air
- Air Conditioning
Homeowners Association Information
- Dues: $6000/Annually
Flooring
- Wood
Exterior Features
- Roof: Metal
Utility Information
- Utilities: Natural Gas Connected, Electricity Connected, Cable Available
- Sewer: Public Sewer
Parking
- Oversized
- Hose Bibs
- Floor Drain
- Rv Garage
- Unassigned
- Assigned
Stories
- Multi-Level Unit
Living Area
- 4,345 sqft
Estimated Monthly Mortgage Payment
*Based on Fixed Interest Rate withe a 30 year term, principal and interest only
Listing price
Down payment
%
Interest rate
%Mortgage calculator estimates are provided by Windermere Real Estate and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2026 Park City MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 6/11/26 23:31
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.