314 2020Hurricane, UT 84737

Property Details for 314 2020

Year built

2019

Lot size

0.32 AC

Property size (Sq ft)

10,576 SF

Property type

Investment properties

Property subtype

Multifamily properties

Description

This exceptional turnkey investment opportunity presents a thriving short-term vacation rental portfolio in Hurricane, Utah, near Zion National Park. The property comprises four units (one 6-bedroom, two 4-bedroom, and one 5-bedroom), totaling 19 bedrooms and 19 bathrooms (15 full, 4 half) accommodating 85+ guests. Built in 2019 and renovated the same year, this Class A property boasts 10,576 square feet on a 0.32-acre lot. The portfolio features a private pool, hot tubs, a swim spa, BBQ grills, and a dining area, all set against a backdrop of stunning Zion National Park views. Currently operating with high occupancy rates and repeat guests, detailed financial records and Airbnb/VRBO listings are available. All furnishings, appliances, and operational equipment are included, along with established housekeeping teams. Legally permitted for short-term rentals, the property also benefits from HOA approval for self-management. The asking price is $3,600,000, representing a 6.29% cap rate and a price per square foot of $340.39. The property is zoned for recreational resort use and offers a strong return on investment with significant growth potential. This is an ideal acquisition for experienced investors or those seeking entry into the lucrative vacation rental market. The property is available for occupancy September 1, 2024.

Location Insight

City

Hurricane

County

Washington

State

Utah

Latitude

37.1831

Longitude

-113.325

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