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Listed by Shanell Heely LRG Collective

$ 1,600,000

Est. payment -/mo

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Pending

5120 E Grand Vermillion Ave Kanab, UT 84741

15 Beds

10 Baths

6,825 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 4+ Units, New Home

Listing Status Pending

Purchase Type For Sale

Square Footage 6,825 sqft

Price per Sqft $234

Subdivision Vermilion Cliffs Estates

MLS Listing ID 1409159

Style Rambler, 1 story above ground

Bedrooms 15

Year Built 2025

Annual Tax Amount $1

Lot Size 0.920 Acres

Property Sub-Type 4+ Units, New Home

Property Description

Turn-Key 8-Plex Multifamily Investment | New Construction | Fully Rented- This newly constructed 8-plex offers a rare opportunity to secure a fully leased, income-producing property with modern finishes and strong long-term appeal. Designed for efficiency, durability, and tenant satisfaction, this complex is an excellent addition to any investment portfolio. The property includes a balanced mix of units: two 3-bedroom, 2-bath units; three 2-bedroom, 1-bath units; and three 1-bedroom, 1-bath units. All units are all-electric and come fully equipped with a washer, dryer, refrigerator, range, microwave, garbage disposal, and individual HVAC systems. Interior finishes include quartz countertops, soft-close cabinetry, and LVP flooring throughout every home. Each residence features its own privacy-fenced backyard and two dedicated parking spaces, adding to the property's desirability and rental stability. With new construction, modern systems, and quality materials throughout, maintenance remains minimal and tenant demand remains high. For more information or full financial details, please contact the listing agent. Buyer to verify all information.

Location

State UT

County Kane

Area Kanab

Zoning Commercial, Multi-Family

Interior

Interior Features Ceiling Fans, Vaulted Ceilings, Walk-in Closets, Flooring- Luxury Vinyl Planks (LVP)

Heating Electric, Forced Air/Central, Heat Pump

Cooling Central Air, Electric, Heat Pump

Appliance Dishwasher, Garbage Disposal, Microwave, Refrigerator, W/D Hookups, Washer & Dryer, Water Heater- Electric, Oven/Range- Electric

Exterior

Exterior Feature Access- All Year, Fenced- Full, Gutters & Downspouts, Landscape- Partial, Outdoor Lighting, Patio- Uncovered, Vacation Rentals Allowed

Utilities Available Assessments Paid, Water Source: City/Municipal, Legal Access: Yes, Septic: Has System, Garbage Collection, Natural Gas: Not Available, Phone: Cell Service, Power Source: City/Municipal, Internet: Fiber Optic

Roof Type Shingle

Building

Foundation Slab on Grade

Architectural Style Rambler, 1 story above ground

Schools

Elementary Schools Kanab

Middle Schools Kanab

High Schools Kanab

Others

Virtual Tour https://youtu.be/p1e7FUKEPCM

Dao Ly

Attorney & Principal Broker | License ID: 9389384-PB00

+1(801) 755-7519 | dao@lrgcollective.com

5120 E Grand Vermillion Ave Kanab, UT 84741

Key Details

Location

Interior

Exterior

Building

Schools

Others

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5120 E Grand Vermillion Ave