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1200 W Lori Lane C15, Heber City, UT – $1,900,000

  • 1 Bed
  • 3 Baths
  • 4,345 Sqft
  • .06 Acres
  • 1 Bed
  • 3 Baths
  • 4,345 Sqft
  • .06 Acres

1200 W Lori Lane C15

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.

Courtesy of: Christie's Int. RE VUE.

Essential Information

  • MLS® #12602381
  • Price$1,900,000
  • Bedrooms1
  • Bathrooms3.00
  • Full Baths1
  • Half Baths2
  • Square Footage4,345
  • Acres0.06
  • Year Built2017
  • TypeResidential
  • Organizational TypeCondominium
  • Sub-TypeStacked/Multi-Level
  • StyleMulti-Level Unit
  • StatusActive

Community Information

  • Address1200 W Lori Lane C15
  • Area25 - Deer Mountain
  • SubdivisionPark East
  • CityHeber City
  • CountyWasatch
  • StateUT
  • Zip Code84032

Amenities

  • ParkingAssigned, Unassigned
  • ViewSki Area, Mountain(s)

Amenities

Pets Allowed, Fire Sprinklers, Security System - Entrance

Utilities

Cable Available, Electricity Connected, Natural Gas Connected

Garages

Attached, Floor Drain, Hose Bibs, Oversized, RV Garage

Interior

  • HeatingForced Air
  • CoolingAir Conditioning
  • FireplacesNone
  • StoriesMulti-Level

Interior Features

Fire Sprinkler System, Ceiling Fan(s), Vaulted Ceiling(s), Pantry, Storage, Ski Storage

Appliances

Disposal, Microwave, Refrigerator, Washer/Dryer Stacked, Dishwasher, Freezer, Oven, Gas Range, ENERGY STAR Qualified Washer

Exterior

  • RoofMetal
  • ConstructionStone, Aluminum Siding
  • FoundationConcrete Perimeter

Exterior Features

Drip Irrigation, Sprinklers In Front, Sprinklers In Rear

Lot Description

Level, Natural Vegetation, South Facing

Additional Information

  • Date ListedJune 3rd, 2026
  • HOA Fees6000
  • HOA Fees Freq.Annually
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Courtesy of: Christie's Int. RE VUE.

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Listing information last updated on July 11th, 2026 at 5:44pm CDT.