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5120 E Grande Vermillion Ave, Kanab, UT 84741
$1,600,000
Property Type:
MultiFamily
Square Footage:
6,825
Lot Size (sq. ft.):
40,075
Status:
Active - Contingent
Current Price:
$1,600,000
List Date:
11/28/2025
Last Modified:
11/28/2025
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
More Information MLS# 25-267048
Contract Info
Original List Price: 1600000
Short Sale Status: No
Listing Date: 2025-11-23
General Prop Info
Realtor.com: Multi-Family
Lot Acres: 0.92
# of Buildings: 1
1 Bedroom Aprx SqFt: 595
2 Bedroom Aprx SqFt: 840
3 Bedroom Aprx SqFt: 1260
# Floors: 1
Elevators: No
HOA Transfer Fee: No
Year Built: 2025
Number of Units: 8
Total SqFt: 6825
Location, Tax & Legal
Total Taxes: 1
Tax Year: 2024
Elementary Schools: Out of Area
Intermediate Schools: Out of Area
Jr. High Schools: Out of Area
Sr. High Schools: Out of Area
List Price/SqFt: 234.43
Geo Lat: 37.028292
Geo Lon: -112.414003
List Price: $1,600,000
Current Price: $1,600,000
House Number: 5120
Street Direction Pfx: E
Street Name: Grande Vermillion
Street Suffix: Ave
MLS Area: Outside Area
State/Province: UT
Postal Code: 84741
County: Other
Tax ID: 6-3
Annual Grs Rntl Inc
# 1 Bedroom Units: 3
1 Bedroom Rent: 1000
1 Bedroom Total Rent: 3000
# 2 Bedroom Units: 3
2 Bedroom Rent: 1200
2 Bedroom Total Rent: 3600
# 3 Bedroom Units: 2
3 Bedroom Total Rent: 2800
Construction
Stucco: 1
Separate Meters
Electric: 1
Zoning
Commercial: 1
Multi-Family: 1
Garage/Carport
Carport Spaces: 16
Terms of Sale
1031 Exchange: 1
Cash: 1
Conventional: 1
Roof
Asphalt: 1
Heating
Electric: 1
Heat Pump: 1
Air Conditioning
Central Air: 1
Heat Pump: 1
Showing Instructions
Call Listing Agent: 1
Possession
Negotiable: 1
Status Change Info
Under Contract Date: 2025-11-23
Status: Active - Contingent
Property Features
Construction: Stucco
Separate Meters: Electric
Roof: Asphalt
Heating: Heat Pump; Electric
Air Conditioning: Central Air; Heat Pump
Showing Instructions: Call Listing Agent
Zoning: Commercial; Multi-Family
Terms of Sale: 1031 Exchange; Cash; Conventional
Possession: Negotiable
Listing Office:
LRG Collective
Last Updated: November - 28 - 2025
Information deemed reliable but not guaranteed.
