5120 E Grand Vermillion Ave, Kanab, UT 84741 | Offered at $1,600,000 Investment Overview This newly constructed, fully leased 8-plex in Kanab, Utah presents a rare opportunity to acquire a stabilized, modern multifamily asset in a high-demand market. Leases are 6-month terms with $50 rent increases at renewal. Backup offers are being accepted; due diligence period included. Property Summary Property Type: Multifamily – 8 Units Building Type: New Construction Lot Size: 0.92 Acres Status: Fully Rented Adjacent Opportunity: Identical 8-plex on neighboring lot also available Unit Mix & Current Rents 2 Units – 3 Bed / 2 Bath – $1,400/mo 3 Units – 2 Bed / 1 Bath – $1,200/mo 3 Units – 1 Bed / 1 Bath – $1,000/mo All units increase $50/month at end of 6-month lease Property Features All-electric systems Individual HVAC units LVP flooring throughout Quartz countertops Soft-close cabinetry Appliances included: fridge, range, microwave, washer, dryer, garbage disposal Private fenced yards 2 dedicated parking spaces per unit Utilities Owner pays: Water & Garbage Tenant pays: Electric & Individual Fiber Internet Investment Highlights Turnkey income property Fully leased with built-in rent growth Low-maintenance new construction Adjacent 8-plex available Due diligence period included High-demand Kanab market Contact Information Shanell Heely LRG Collective Phone: 435-819-9095 Email: shanellheely@gmail.co