5120 E Grand Vermillion Ave
Property Description
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.Broker Details
LRG Collective 801-210-9093
MLS ID: sheely State License Number: 11345520-AB00
Key Property Information
| Listing Status: | Under Contract |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,600,000 |
| No. of Units: | 8 |
| Year Built: | 2025 |
| Lot Size: | 6,825.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $200,000 |
| Number of Bedrooms: | 15 |
| Number of Bathrooms: | 10 |
ID: 3yd-KUTMLS-1409159
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