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26926663
32349010

2875 W 600 N, Hurricane, UT 84737

AC
UT 9852524-PB00
Simply Real Estate & Affiliates
Listed by Simply Real Estate & Affiliates
$21,005,820
264 days on market
Updated 27 days ago

±40 townhome units located in SkyView Development, Hurricane

Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Net Rentable (SqFt) 77,020
Units 40
Cap Rate 5.20%
Broker Co-Op Yes
Class A
Year Built 2025-2026
Buildings 20
Ground Lease No
Ownership Owner of Record
Sale Condition For sale by owner

Under Construction 40-Unit Multifamily Investment | Hurricane, UT

Marketing description

SkyView Phase 1 – Multifamily Investment Opportunity

SkyView Phase 1 consists of approximately +-40 newly constructed multifamily residences strategically designed to combine strong tenant appeal with long-term investment performance. The project offers a mix of thoughtfully designed single-story and two-story floor plans ranging from approximately 1,244 to 2,015 square feet, each featuring attached two-car garages to enhance functionality and rental desirability.

Construction is currently underway, providing investors the opportunity to acquire quality new construction inventory in a growing Southern Utah market.

Built with long-term efficiency and durability in mind, the residences include upgraded insulation packages, Low-E windows, modern HVAC systems, and energy-conscious construction methods designed to help reduce operational costs and maintenance exposure over time.

Exterior elevations feature synthetic stucco finishes, Eagle tile roofing, stone veneer accents, and professionally landscaped yards, creating attractive curb appeal with low-maintenance ownership considerations.

Interior finishes include open-concept living spaces, granite countertops, modern cabinetry, stainless steel appliance packages, tiled showers, and ceiling fans throughout — features designed to support tenant retention and premium rental positioning.

Investment highlights

Investment Highlights

• 40 New Construction Townhomes: Multiple floor plans designed to appeal to a wide range of tenants, including professionals, families, and long-term residents.

• Competitive Rental Product: Modern finishes, attached two-car garages, functional layouts, and energy-efficient construction create strong market appeal.

• Existing Rental Interest: Active tenant demand already in place, supporting strong absorption and lease-up potential.

• Flexible Management Options: On-site property management available through Simply Rentals Utah, or investors may utilize third-party management of their choice.

• Income & Stabilization Opportunity: Positioned for long-term rental performance with the opportunity to establish stabilized cash flow.

• Multiple Exit Strategies: Ideal for buy-and-hold investors, portfolio expansion, future refinance opportunities, or resale as a stabilized investment asset.

• Scaled Pricing Opportunity: Pricing may vary based on the number of units acquired, creating potential economies of scale for larger purchases.

Builder incentives available with preferred lender. Qualified buyers may obtain:

• Conventional 7/6 ARM – initial interest rate ~5.50% on an adjustable-rate mortgage (ARM), fixed 7 yrs, adjusts semiannually

• FHA 5/1 ARM – initial interest rate ~4.75% on an adjustable-rate mortgage (ARM), fixed 5 yrs, adjusts annually

Seller contributes 2.5% + lender contributes 1.5% (with Guild Mortgage), which may be used toward a temporary rate buydown, closing costs, and/or prepaids—reducing initial monthly payments. Lender Incentives available only when financing is obtained through Matt Hickman at Guild Mortgage.OAC. Rates subject to change. APR may be higher.

Listing Contacts

AC
UT 9852524-PB00
Simply Real Estate & Affiliates
Listed by Simply Real Estate & Affiliates

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Additional Information

Name
Anne Cooper
License
9852524-PB00
Brokerage Phone
435.414.3761
Brokerage Address
491 East Riverside Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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