250 S 700 E - Apartments FOR SALE


Saint George, UT 84770 | 
$2,480,000 USD
760-861-1674
250 S 700 E, Saint George, UT for Sale
$2,480,000 USD
Apartments - FOR SALE
1/10
null | 6.5% Cap Rate

250 S 700 E
Saint George, UT 84770


HIGHLIGHTS

  • Serving Utah Tech University, Almond Tree Apartments and Trailhead @ Tech offers entry opportunity to the student housing market
  • Two property, 15 unit/72 bed, Student Housing Opportunity
  • Student Housing Opportunity Located Across the Street from Utah Tech University Campus

OVERVIEW

Tech Dunes Apartments Built in 2000 with major renovations completed in 2022, the Almond Tree Apartments is 6 units/30 beds that offer Utah Tech University Students unbeatable access to campus being located directly across from campus and easy access to downtown Saint George. The property provides well-appointed apartment interiors showcasing fully equipped kitchens with stainless steel and black appliances, granite countertops, and modern cabinetry and hardware, fully furnished units and spacious closets. Each unit features spacious living rooms with 65-inch wall mounted television and extra storage. Vinyl wood-style flooring, large windows with coverings, and carpet compliment the units. The property also features a laundry facility with ample surface parking. Trailhead at Tech Built in 1987 with major renovations completed in 2000, Trailhead at Tech is 9 units/42 beds that offers Utah Tech University Students unbeatable access to campus being located directly across from campus and easy access to downtown Saint George. The property provides well-appointed apartment interiors showcasing fully equipped kitchens with black appliances, granite countertops, and modern cabinetry and hardware, fully furnished units and spacious closets. Each unit features spacious living rooms with 65-inch wall mounted television and extra storage. Vinyl wood-style flooring, large windows with coverings, and carpet compliment the units. The property also ample surface parking.

FOR SALE DETAILS

PRICE

$2,480,000 USD

PRICE/SF

$268 USD /SF

# OF UNITS

15

PRICE/UNIT

$165,333

CAP RATE

6.5%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tech Dunes Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2000

PARKING SPACES

19

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,424 SF

ZONING

C-3

APN/PARCEL ID

0019011

ASK ABOUT THIS PROPERTY

Bob PerdueDWG CAPITAL GROUP ( Formerly NGKF/ARA)More Info
760-861-1674

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Bob PerdueDWG CAPITAL GROUP ( Formerly NGKF/ARA)More Info
760-861-1674

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