119 & 141 N 800 W #B Cedar City UT 84720

MLS# 25-265858 • 33 Days on Market • MultiFamily

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

$3,799,990

$/month |

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Listed By ERA Realty Center, Jennifer Davis, heather.roundy@cedarcityera.com.

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.)

Property Details

Heating Gas FA
Cooling Central Air
Year Built 2018
Taxes $5,720

Schools

Out of Area Elementary

Out of Area Jr. High

Out of Area High School

$3,799,990

$/month

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