380 W 400 N, La Verkin, UT 84745 (MLS# 23-242718)

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380 W 400 N, La Verkin, UT 84745

$1,100,000
Property Type: Residential Bedrooms: 6 Baths: 3.5 Square Footage: 3,835 Lot Size (sq. ft.): 13,068 Status: Closed
Current Price: $1,100,000 List Date: 7/06/2023 Last Modified: 3/28/2024

Description

Welcome to the best investment property in La Verkin, Utah! This property has a strong rental history, making over $137K in gross revenue in 2022 (9.4% CAP rate) with the ability to self-manage. It comes fully furnished, turn-key, with a unique transferable short term rental permit. The home is conveniently located near restaurants, stores and a 20 minute drive to iconic Zion National Park, which had 4.69 million visitors last year. This vacation home boasts 6 spacious & beautifully appointed bedrooms with a total of 13 beds that can sleep up to 26 guests.

Supplements: This vacation rental draws travelers from all around the world because of its location, capacity and private pool, hot tub, and fire pit, perfect for soaking in the breathtaking views of the surrounding landscape of Southern Utah. Don't pass up on the only available investment opportunity to own an income producing property in the beautiful, growing, tourist community of La Verkin, Utah.

More Information MLS# 23-242718

Contract Info

Current Price: $1,100,000 List Price: $1,100,000 List Price/SqFt: 286.83 Listing Date: 2023-07-06 Short Sale Status: No

Location, Tax & Legal

Geo Lat: 37.2092 Geo Lon: -113.278783 House Number: 380 Street Direction Pfx: W Street Name: 400 Street Direction Sfx: N MLS Area: Hurricane Valley State/Province: UT Postal Code: 84745 County: Washington Subdivision: QUAIL RUN Tax ID: LV-QRN-4-A Total Taxes: 5366.44 Tax Year: 2023 Elementary Schools: LaVerkin Elementary Intermediate Schools: Hurricane Intermediate Jr. High Schools: Hurricane Middle Sr. High Schools: Hurricane High

General Property Info

Listing Class: Single Family Realtor.com: Residential - Single Family Basement SqFt: 1304 Main SqFt: 1227 Upstairs SqFt: 1304 Total SqFt: 3835 Primary Bedroom Level: 2nd Floor Total Bedrooms: 6 Total Bathrooms: 3.5 Formal Dining Room: No Year Built: 2000 # Levels: 3 Lot Acres: 0.3 Garage Capacity: 3 Garage Type: Attached Carport Type: None Assoc Dues Period: N/A Change of Ownership Fee: No

Remarks & Misc

Directions: https://goo.gl/maps/pJcootPEKpbAbCK7A

Office/Member Info

Buyer Brokerage Compensation (BBC): 2.5 Buyer Brokerage Comp (BBC) Type: %

Status Change Info

Sold Date: 2023-09-08 Under Contract Date: 2023-07-14 Status: Closed Sold Price/SqFt: 279.01

Foundation/Basement

Basement % Finished: 100

Inclusions/Features

# Fireplace(s): 2

Property Features

Pool (Private/Seller Owned): Concrete/Gunite; Heated; In-Ground Construction: Built & Standing Foundation/Basement: Basement; Basement Entrance; Slab on Grade Exterior: Stucco Roof: Tile Garage/Parking: Attached; Garage Door Opener; RV Parking Utilities: Culinary, City; Electricity; Natural Gas; Sewer Land Description: Curbs & Gutters; Paved Road; Secluded Yard; Sidewalk; Terrain, Flat; View, Mountain Water: Culinary Heating: Natural Gas Air Conditioning: Central Air Inclusions/Features: Bath, Sep Tub/Shwr; Ceiling Fan(s); Central Vacuum; Deck, Covered; Dishwasher; Disposal; Dryer; Fenced, Full; Freezer; Hot Tub; Landscaped, Full; Microwave; Mother-in-Law Apt; Outdoor Lighting; Oven/Range, Freestnd; Patio, Covered; Refrigerator; Sprinkler, Auto; Sprinkler, Full; Storage Shed(s); Walk-in Closet(s); Washer; Water Softner, Owned; Window Coverings; Wired for Cable Showing Instructions: Call Agent/Appt; See Remarks Zoning: Residential Terms of Sale: 1031 Exchange; Cash; Conventional Renting: Rentable, Restrictions May Apply

Room Information

Living Room Level: Main Kitchen Level: Main Half Bathroom Level: Main Dining Room Level: Main Primary Bedroom Level: Second Full Bathroom Level: Second Bedroom 2 Level: Second Bedroom 3 Level: Second Full Bathroom Level: Second Bedroom 4 Level: Basement Bedroom 5 Level: Basement Full Bathroom Level: Basement Laundry Level: Basement Storage Room Level: Basement Bedroom 6 Level: Basement Bedroom 7 Level: Main Remarks: off of the garage
Listing Office: REALTY ONE GROUP GOLDMARK
Last Updated: March - 28 - 2024

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Information deemed reliable but not guaranteed.