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Newly Built 8-Unit Apartment Building
For Sale
$1,600,000
Pending

5120 E Grande Vermillion Ave, Kanab, UT 84741

MultiFamily, Kanab, UT

Property Size6,825 SF
Lot Size0.92 Acres
Days on Market318

Property Features for 5120 E Grande Vermillion Ave

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Multi-Family, Commercial
Bedrooms 15
Bathrooms 10
Full bathrooms 10
Rooms Bedroom 2, Bathroom 1, Bathroom 5, Bedroom 3, Bedroom 14, Bathroom 4, Bedroom 10, Bedroom 12, Bathroom 2, Bedroom 15, Bedroom 6, Bathroom 3, Bathroom 10, Bathroom 9, Bedroom 11, Bedroom 8, Bathroom 7, Bathroom 6, Bathroom 8, Bedroom 1, Bedroom 4, Bedroom 13, Bedroom 5, Bedroom 7, Bedroom 9
Elementary school Out of Area
Middle school Out of Area
High school Out of Area
Subdivision Outside Area
Standard status Pending
APN 6-3
Size 6,825 SF
Lot size 0.92 Acres

Taxes and HOA fees

Tax Annual Amount 1

Utilities

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

Building Details

Year built 2025
Floors in Building 1
Number of units 8
Roof type Asphalt
Listing Agency: LRG Collective
Listed By: Shanell R Heely · License #11345520-AB00
Added: Nov 23, 2025 Changed: Oct 2 Last Checked: Oct 7 at 9:06AM
MLS# 25-267048

Copyright © 2026 Washington County Board of Realtors. 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.

Completed in 2025, this apartment property contains eight residences within 6,825 square feet on 0.92 acres. The unit mix includes two three-bedroom, two-bath homes, three two-bedroom, one-bath homes, and three one-bedroom, one-bath homes. The property is fully leased and each residence is equipped with a washer, dryer, refrigerator, range, microwave, and garbage disposal.

Interior specifications include quartz countertops, soft-close cabinets, and LVP flooring throughout the units. All residences use electric systems with individual HVAC equipment, supported by central air and heat-pump service. The building has an asphalt roof and is located in Kanab, Utah.

Key Highlights

  • Eight‑unit apartment property completed in 2025
  • 6,825 square feet on 0.92 acres
  • Unit mix: two 3‑bedroom/2‑bath, three 2‑bedroom/1‑bath, and three 1‑bedroom/1‑bath residences

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Restaurant Real Estate Agency Bed & Breakfast

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units
100%
Occupancy
Multi-tenant
Tenancy

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Fully leased apartment property with contemporary finishes, in-unit laundry, individual HVAC, and a balanced mix of floor plans.
Where is this apartment building located?
The property is located at 5120 E Grande 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: Eight‑unit apartment property completed in 2025; 6,825 square feet on 0.92 acres; Unit mix: two 3‑bedroom/2‑bath, three 2‑bedroom/1‑bath, and three 1‑bedroom/1‑bath residences
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