119 & 141 N 800 W B, Cedar City, UT 84720
119 & 141 N 800 W B, Cedar City, UT 84720
119 & 141 N 800 W B, Cedar City, UT 84720
119 & 141 N 800 W B, Cedar City, UT 84720
119 & 141 N 800 W B, Cedar City, UT 84720
119 & 141 N 800 W B, Cedar City, UT 84720
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Jaimi Payne

Jaimi Payne

+1(435) 359-3356
$ 3,799,990
Est. payment | /mo

11,920 SqFt

Save
$ 3,799,990
Est. payment | /mo
Save

11,920 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 11,920 sqft

Price per Sqft $318

MLS Listing ID 25-265858

Year Built 2018

Annual Tax Amount $5,719

Lot Size 0.400 Acres

Acres 0.4

Source Washington County Board of REALTORS®

Land Area 11920

Property Description

University Lofts - Building B - Prime Student Housing Investment | 52-bd Apartment Complex. Exceptional opportunity to own University Lofts Building B a 7-unit 52-bedroom/52-bathroom apartment complex purpose-built for premium student housing just one block from Southern Utah University. This property is 100% occupied, providing immediate cash flow for investors seeking a stable and profitable asset in a thriving rental market. Constructed with quality and longevity in mind, the building features 5/8'' drywall for added fire resistance, sound privacy, and durability, acoustically insulated interior walls & solid core interior doors throughout creating a quiet and comfortable environment highly valued by tenants. Located in one of Southern Utah's most desirable rental locations. Included in the sale, is a portion of the parking lot on 900 W. (Building A is also available, under separate ownership, providing the rare opportunity to acquire both buildings and own the entire University Lofts complex a premier student housing package with exceptional performance and future potential.)

Location

State UT

County Iron

Area Outside Area

Zoning Multi-Family

Interior

Heating Gas FA

Cooling Central Air

Exterior

View Y/N No

Roof Type Asphalt

Building

Story 3

New Construction No

Schools

School District Out Of Area

Others

Senior Community No

Tax ID B-0121-0003-0000

Acceptable Financing Conventional, Cash, 1031 Exchange, Exchange

Listing Terms Conventional, Cash, 1031 Exchange, Exchange

Washington County MLS (WCMLS)
Listed by ERA Realty Center

NEARBY SCHOOLS & PROPERTIES

Jaimi Payne

“The Elite Real Estate Group is here to help you navigate your real estate transaction and provide you with the luxury experience that you deserve.”

+1(435) 359-3356

homesbyjaimi@gmail.com

20 E. 1000 S., Richfield, Utah, 84701

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119 & 141 N 800 W B