Curious about this home?

Ask anything — no agents, no pressure

Try asking

About This Home

This 1-bedroom, 2-bathroom condo at 1200 W Lori Lane in Heber City, UT is listed for $1,900,000 ($523 per sqft). Built in 2017, the home offers 3,634 sqft of living space on a 0.06 acres lot.

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.

Key Features

  • Built in 2017
  • 0.06 acre lot

Property Details

1 full, 2 half
#C15
2017

Amenities

A/CRV Parking

Monthly Cost Estimate

$16,162/mo

20% down · 6.5% · 30 years

Principal$1,374
Interest$8,233
Insurance$554
HOA$6,000

Estimates only. Actual payments may vary.

Location

1200 W Lori Lane

Heber City, UT 84032

Park East

Features & Amenities

Interior Features

StorageCeiling Fan(s)PantrySki StorageVaulted Ceiling(s)

Exterior Features

Drip Irrigation

Property Details

Flooring

Wood

Construction

Aluminum Siding Stone

Parking

AssignedRVOversize

Heating

Forced Air

Appliances

ENERGY STAR Qualified WasherDishwasherDisposalFreezerGas RangeMicrowaveOvenRefrigeratorWasher/Dryer Stacked

Questions & Answers

This 1-bedroom, 2-bathroom condo at 1200 W Lori Lane is listed at $1,900,000 ($523/sqft). The estimated monthly payment is $14,233 based on 20% down at 6.5% interest.

HOA fees are $6000/month.

Key features include: Built in 2017, 0.06 acre lot. Interior Features: Storage, Ceiling Fan(s), Pantry. Exterior Features: Drip Irrigation.

This property is listed by Jonathan Crosswhite and can be reached at 4356594757 or jonathan@jonathancrosswhite.com.

JC

Jonathan Crosswhite

Agent at Christie's Int. RE VUE

(435) 659-4757

Listed by Christie's Int. RE VUE · View on Broker Site

MLS# 12602381· Source: listhub· Updated 1 days ago

Copyright © 2026 Park City Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1200 W Lori Lane, Heber City, UT 84032

Open this listing in: