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New Construction 8-Plex Apartment Building
For Sale
Under Contract
$1,600,000

5120 E Grand Vermillion Ave, Kanab, UT 84741

MULTI_FAMILY - Kanab, UT

Property Size6,825 SF
Lot Size0.92 Acres
Price / SF$234.43
Days on Market275

Property Features for 5120 E Grand Vermillion Ave

General Information

Property type Residential Multi Family
Property subtype Other
Property condition Under Construction
Zoning Commercial, Multi-Family
Bedrooms 15
Bathrooms 10
Full bathrooms 10
Rooms Bedroom 15, Bedroom 4, Bathroom 5, Bathroom 7, Bathroom 8, Bedroom 3, Bathroom 6, Bedroom 2, Bathroom 2, Bathroom 4, Bedroom 7, Bedroom 14, Bathroom 10, Bedroom 8, Bedroom 10, Bedroom 11, Bathroom 1, Bedroom 9, Bedroom 6, Bedroom 1, Bathroom 9, Bedroom 5, Bedroom 12, Bathroom 3, Bedroom 13
Interior features Ceiling Fans, Vaulted Ceilings, Walk-in Closets, Flooring- Luxury Vinyl Planks (LVP)
Appliances Dishwasher, Garbage Disposal, Microwave, Refrigerator, W/D Hookups, Washer & Dryer, Water Heater- Electric, Oven/Range- Electric
Subdivision Vermilion Cliffs Estates
Lot features Access- All Year, Fenced- Full, Gutters & Downspouts, Landscape- Partial, Outdoor Lighting, Patio- Uncovered, Vacation Rentals Allowed
Elementary school Kanab
Middle school Kanab
High school Kanab
Standard status Active Under Contract
APN 6-3
Size 6,825 SF
Lot size 0.92 Acres

Taxes and HOA fees

Tax Annual Amount 1

Utilities

Heating system Central, Heat Pump (Heating), Forced Air, Electric (Heating)
Cooling system Electric, Heat Pump, Central Air

Amenities

washer
dryer
refrigerator
range
microwave
garbage disposal
individual HVAC systems
quartz countertops
soft-close cabinetry
LVP flooring
privacy-fenced backyard

Building Details

Year built 2025
Floors in Building 1
Number of units 8
Roof type Shingle
Architectural style Rambler, Other
Listing Agency: LRG Collective
Listed By: Shanell Heely · License #11345520-AB00
Added: Nov 19, 2025 Changed: Aug 5 Last Checked: Aug 21 at 11:06PM
MLS# 1409159

Copyright © 2026 Kanab Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

New construction 8-plex apartment building featuring an efficient, renter-friendly layout with all-electric homes. The unit mix includes two 3-bedroom, 2-bath units, three 2-bedroom, 1-bath units, and three 1-bedroom, 1-bath units. Each residence includes an individual HVAC system and a washer and dryer, along with a refrigerator, range, microwave, and garbage disposal. Interior finishes noted include quartz countertops, soft-close cabinetry, and LVP flooring throughout, supported by ceiling fans, vaulted ceilings, and walk-in closets where applicable.

The property is listed as under construction with a 2025 build year and a rambler architectural style. Each unit has its own privacy-fenced backyard and two dedicated parking spaces. Outside of unit-level features, the home amenities are complemented by electric heating and central cooling with heat pump systems.

Lot size is 0.92 acres and the property size is 6,825 square feet. Roof is shingle.

Key Highlights

  • New construction 8‑plex apartment building with 2025 build year
  • 0.92‑acre lot and 6,825 SF total property size
  • All‑electric units with individual HVAC systems

Property Analytics

Current Use

Apartment buildings

Lease Details

8
Residential units
100%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

9
Businesses Nearby

Demographics for 84741, UT

6,034
Population
3,094
Households
2
Avg Household Size
45
Median Age
32%
College-Educated
95%
High-School Grad
1,351.2 sq mi
ZIP Area
4
Density / Sq Mi
$75,951
Median Household Income
$39,263
Median Earnings
$1,127
Median Rent
$358,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Newly built 8-plex on a 0.92-acre lot with all-electric units, individual HVAC, and private fenced backyards.
Where is this apartment building located?
The property is located at 5120 E Grand Vermillion Ave Kanab, UT.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: New construction 8‑plex apartment building with 2025 build year; 0.92‑acre lot and 6,825 SF total property size; All‑electric units with individual HVAC systems
More about this property
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