UT > Cedar City
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 84720,119 & 141 N 800 W B
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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 Pending

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
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

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