$1,600,000
Kanab, UT 84741
MLS# 25-267048
Status: Active - Contingent
6825 sqft
1 / 30
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
Details
General Prop Info
Realtor.com: Multi-Family
Lot Acres: 0.92
Hot Tub YN: Yes
Pool Private YN: No
Year Built: 2025
# of Buildings: 1
Number of Units: 8
1 Bedroom Aprx SqFt: 595
2 Bedroom Aprx SqFt: 840
3 Bedroom Aprx SqFt: 1260
Total SqFt: 6825
# Floors: 1
Elevators: No
HOA Transfer Fee: No
Contract Info
Original List Price: 1600000
Listing Date: 2025-11-23
Short Sale Status: No
Location Tax Legal
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
Status Change Info
Under Contract Date: 2025-11-23
Status: Active - Contingent
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
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: February - 24 - 2026
Information deemed reliable but not guaranteed.