119 N 800 W - Apartments FOR SALE


Cedar City, UT 84720
$3,799,000 USD
435-590-1317
119 N 800 W, Cedar City, UT for Sale
$3,799,000 USD
Apartments - FOR SALE
1/1
null | Request Cap Rate

119 N 800 W
Cedar City, UT 84720


OVERVIEW

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. This is a turnkey investment offering both security and long-term growth.

FOR SALE DETAILS

PRICE

$3,799,000 USD

PRICE/SF

$319 USD /SF

# OF UNITS

7

PRICE/UNIT

$542,714

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Building B

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2018

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,860 SF

ZONING

SHD

APN/PARCEL ID

B-0121-0003-0000

ASK ABOUT THIS PROPERTY

Jennifer DavisERA Realty CenterMore Info
435-590-1317

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Jennifer DavisERA Realty CenterMore Info
435-590-1317

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.