1971 W Gemini Meadows Ln - Multi-Family FOR SALE


Cedar City, UT 84721
$1,100,000 USD
435-590-1317
1971 W Gemini Meadows Ln, Cedar City, UT for Sale
$1,100,000 USD
Multi-Family - FOR SALE
1/116
null | Request Cap Rate

1971 W Gemini Meadows Ln
Cedar City, UT 84721


OVERVIEW

Investment opportunity, exceptional dual rental property complete with 8 bedrooms (4 are master suites) 6 full bathrooms & 4 kitchens. This rare investment property is perfectly crafted for both income & enjoyment! The expansive 5,892-square-foot property features two complete units, offering flexibility & potential as a year-round vacation rental or a unique owner-occupancy with rental income in the attached unit. Each side is designed with comfort in mind, featuring high-end amenities & furnishings to make it a true escape. This location is also equipped with an alarm system for the entire property! Property Highlights: 1971 Side (currently a vacation rental) 5 Bedrooms, 4 Full Baths, & 1 Half Bath & 3,127 sf. Established as a sought-after vacation rental, this property boasts consistent year-round bookings & is beautifully furnished & set up as 3 separate units. Includes a pool table in the garage & nice outdoor furniture for front & backyard lounging. 1973 side (owner's suite or additional rental) is 2,765 sf with 3 Bedrooms, 2.5 baths, 1,000 sf heated 3 car garage, RV parking, newer Sundance Jacuzzi Spa, patio furniture, & professionally decorated with furnishings that are negotiable into price. Don't miss this exceptional investment opportunity full turnkey, professionally designed, & ready for immediate income! Due to the nature of the vacation rental, 1971, in-person showings of those units will be limited to availability. The owner is not selling the rental unit separately. The package will be for both 1971 and 1973. The 1973 (owner's side) is listed and available for a separate purchase.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$187 USD /SF

# OF UNITS

2

PRICE/UNIT

$550,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2018

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,567 SF

ZONING

-

APN/PARCEL ID

B-1870-0086-000E,B-1870-0086-000W

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 Policy.