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Alvera at The Meadows apartments in Lehi, UT

Updated

Alvera at The Meadows

688 W Nicholes Ln, American Fork, UT 84003, USA

3.7 (70 reviews) Official Website

Live pricing, refreshed

8
Units Listed
$1,585
Starting at
$2,058
Average
$2,255
Highest
$1.83
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View American Fork 84003 rent trends

Beds

Pricing by Bedroom

1 Bed
$1,585
from $1,585 · 1 units
~704 sqft avg
2 Bed
$1,913
from $1,905 · 2 units
~1,019 sqft avg
3 Bed
$2,211
from $2,150 · 5 units
~1,254 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Units with Price Changes (8)

Last 15 days

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

  • Building size: modeled from how many distinct units we have observed over time
  • Occupancy: building size minus currently listed units
  • Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: moderate (building size is modeled).

Est. Monthly Revenue

$360K

$4.3M annual run rate

Modeled estimate

Est. Occupancy

96%

of about 200 units (modeled from leasing activity)

Effective Rent on New Leases

$1,875

vs $2,058 current asking ($183 negotiation gap)

Recent Lease Activity

38 units tracked; 30 assumed leased, 8 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

  • +30 pts: 15+ units currently listed
  • +25 pts: Active move-in specials
  • +20 pts: Deep discounts (>$150/mo off)
  • +15 pts: 5+ distinct floor plans
  • +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

8

Moderate availability

6 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Limited leverage

High demand property with less room to negotiate on price.

Available Units

8 units
1 Bed / 1 Bath 1x1 D
$1,585/mo
704 ft² · $2.25/ft² · #1
2 Bed / 2 Bath 2x2 A
$1,905/mo
1,007 ft² · $1.89/ft² · #2
Up $100 since Aug 20 (was $1,805)
2 Bed / 2 Bath 2x2 B
$1,920/mo
1,030 ft² · $1.86/ft² · #3
Up $15 since Aug 20 (was $1,905)
3 Bed / 2 Bath 3x2 A
$2,150/mo
1,192 ft² · $1.80/ft² · #4
3 Bed / 2 Bath 3x2 B
$2,190/mo
1,259 ft² · $1.74/ft² · #5
3 Bed / 2 Bath 3x2 C
$2,205/mo
1,280 ft² · $1.72/ft² · #8
Down $50 since Aug 15 (was $2,255)
3 Bed / 2 Bath 3x2 B
$2,255/mo
1,259 ft² · $1.79/ft² · #6
Up $65 since Aug 20 (was $2,190)
3 Bed / 2 Bath 3x2 C
$2,255/mo
1,280 ft² · $1.76/ft² · #7
Down $50 since Aug 15 (was $2,305)

Train activity

Train activity nearby

Freight line 1,913 ft away · 2 trains/day

  • 1 daytime, 1 overnight
  • No road crossing within earshot. Horns unlikely.
  • Operator: UP

Why this matters →

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Lehi, UT notes

No resident notes for this property yet.

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American Fork 84003 Rent Trends

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