New Townhome Multifamily
687 Guy Ln Ivins, UT 84738
687 Guy Ln, Ivins, UT, 84738
Contact for pricing
For Sale
Contact for pricing
New construction for an 8-townhome, 16-unit rental development underway with plans and builder warranty.
Property Size20,400 SF
Price / SF$221.42
Days on Market113
Property Features for 687 Guy Ln
General Information
- Standard status
- Active
- Size
- 20,400 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2026
Listing agency
NAI Excel
(435) 627-5705
Listed by
Wes Davis · License #UT 5502820-SA00
Source
Crexi
Added: Mar 31 Updated: Jul 21 at 4:05AM Checked: Jul 21 at 4:05AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Excel
Investment Insights
Based on property information with market context.
This offering is a new construction multifamily development consisting of 8 town homes configured as 24-plexes, with plans prepared and construction activity started. The project provides for up to 16 possible rental units. Plans are in place and work is underway, and the construction is described as including a builders warranty for one year.
The information provided does not specify unit mix, finishes, or completion timing beyond noting that construction has begun. The property is located at 687 Guy Ln in Ivins, Utah.
As presented, this is a developer-led, for-sale opportunity for a rental-focused townhome multifamily project in the active construction phase, with warranty coverage during the first year following construction per the provided remarks.
The information provided does not specify unit mix, finishes, or completion timing beyond noting that construction has begun. The property is located at 687 Guy Ln in Ivins, Utah.
As presented, this is a developer-led, for-sale opportunity for a rental-focused townhome multifamily project in the active construction phase, with warranty coverage during the first year following construction per the provided remarks.
Key Highlights
- New construction underway for an 8‑townhome, 16‑unit rental development
- Plans are ready and construction activity has started
- Builder’s warranty included for one year
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $428.4k | $21.00 |
| − Vacancy | −$16.3k | −$0.80 |
| EGI | $412.1k | $20.20 |
| − OpEx | −$185.5k | −$9.09 |
| NOI | $226.7k | $11.11 |
20,400 SF · lease $21.00/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$3.24M
$2.83M – $3.78M
NOI $226,666 @ 7.0% cap · market cap 5.02%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$5.62M
$4.92M – $6.55M
NOI $393,233 @ 7.0% cap · market cap 8.71%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - New construction for an 8-townhome, 16-unit rental development underway with plans and builder warranty.
Where is this apartment building located?
The property is located at 687 Guy Ln Ivins, UT.
What is the asking price?
The asking price for this property is $4,517,000.
What are key features of this property?
This property features: New construction underway for an 8‑townhome, 16‑unit rental development; Plans are ready and construction activity has started; Builder’s warranty included for one year
