5120 GRAND VERMILLION, Kanab, UT 84741
15BD/—BA Residential in Kanab, UT 84741. 6,631 sqft. Built 2025. Listed at $1,600,000. MLS #2123628.
15BD/—BA Residential in Kanab, UT 84741. 6,631 sqft. Built 2025. Listed at $1,600,000. MLS #2123628.
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.
Property Type
Residential
Property Style
> 4 Units
Architectural Style
Stories: 1
County
Kane
Zoning
Multi-Family, Short Term Rental Allowed
Construction
Stucco
Lot Size
0.92 sq ft
Condition
Blt./Standing
MLS #
2123628
Property Type
Residential
Property Style
> 4 Units
Architectural Style
Stories: 1
County
Kane
Zoning
Multi-Family, Short Term Rental Allowed
Construction
Stucco
Lot Size
0.92 sq ft
Condition
Blt./Standing
MLS #
2123628
List Price
$1,600,000
Annual Taxes
$1
Home Warranty
No
List Price
$1,600,000
Annual Taxes
$1
Home Warranty
No
Heating
Electric,Heat Pump
Roof
Asphalt
Materials
Stucco
Laundry
Electric Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
None,Septic Tank
Heating
Electric,Heat Pump
Roof
Asphalt
Materials
Stucco
Laundry
Electric Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
None,Septic Tank
Covered Spaces
0
Total Parking
2
Covered Spaces
0
Total Parking
2
Classification
Standard
Deal Score
25/100
vs Market Median
53% above
Area Growth (YoY)
1.9%
Deal Score Breakdown
25/100
1.9% year-over-year ZHVI growth in this area
STR net cashflow -$1,283/mo (-12.7% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Priced 53% above the per-subtype city median
No price reduction from original list
Not enough comparable listings
Ensemble scoring: the best single signal sets the floor, secondary qualifying signals (≥60) each add 5 points up to +20. A home that strongly wins on one dimension is already a great deal — it doesn't need to tick every box.
Why this classification
Est. Annual Revenue
$151,250/yr
$309/night · 58% occupancy · $77/bedroom · $0.14/sqft
Net Monthly Cash Flow
−$1,283 /mo (−$15,399/yr)
Monthly STR income
Monthly ownership cost
Coverage
125%
Net /mo
−$1,283
DSCR
1.11
Best Download
1 Gbps
Best Upload
1 Gbps
Fiber Available
Yes
Providers
4
Available Providers
$394,000
+306% vs median
111 days
36
$299,000 – $2,500,000
$1
Very Safe
3.5
per 1,000
8.5
per 1,000
4.0
per 1,000
16.0
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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