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119 N 800 W #A, Cedar City, UT, 84720

1beds
1baths
18,618sqft
$3,699,000
$199price/sqft
$22,880/moest. monthly cost
$915,200/yrincome needed

About This Home

Investment Opportunity - 60-Bedroom Student Housing Complex Near SUU. Just one block from Southern Utah University, this exceptional 60-bed, 60-bath apartment complex is perfectly positioned for student housing success. The property features 10 spacious living spaces, each offering 6 private bedrooms and 6 private bathrooms, designed for optimal privacy and comfort. Every unit is equipped with 2 full kitchens featuring dual refrigerators, 2 washers & 2 dryers & thoughtfully planned layouts to accommodate multiple tenants with ease. The proximity to campus makes this an incredibly desirable & convenient option for students—ensuring strong rental demand and minimal vacancy rates year-round. This is a rare opportunity to own a high-performing investment property in one of Cedar City's ... most sought-after rental locations. Whether you're expanding your portfolio or entering the student housing market, this property offers both immediate income potential and long-term appreciation in a thriving university town. Whether you're expanding your portfolio or entering the student housing market, this property offers both immediate income potential and long-term appreciation in a thriving university town. University Lofts Building A, building B is a separate owner and can be purchased separately. All easement documents in place and recorded.

Getting Around

54
WalkingSomewhat Walkable
0
TransitVery Limited Transit
55
BikeBikeable

Schools

6/10
Cedar North SchoolGrades K-50.2 mi
7/10
Cedar Middle SchoolGrades 6-81.7 mi
6/10
Cedar City High SchoolGrades 9-121.0 mi

Construction

Condition

  • Year built: 2018

Materials

  • Roof: Asphalt
  • Construction materials: Stucco

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1

Features

  • Finished area above ground: 0

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 18,618
  • Total interior livable area: 18,618 sqft

Property

Details

  • Parcel number: B011800000000
  • Zoning description: Multi-Family

Features

  • Stories: 3

Lot

  • Lot size: 0.44 Acres

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningVery High
  • Winter Weather
    Winter WeatherVery High
  • Earthquake
    EarthquakeModerate

How This Home’s Risks Compare

Lightning
Winter Weather
Earthquake

FEMA Declared Disasters Across Utah Counties

Flood

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $18,704$224,448
Home Insurance $745$8,940
Property Taxes $2,301$27,612
Electricity $1,130$13,561
Total$22,880$274,560

Income You'd Need if You Spent...

35% on housing$784,457/yr
40% on housing$686,400/yr
45% on housing$610,133/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 12.6%
12.6%
0%30.0%
Electricity Growth Rate10-year average: 0.9%
0.9%
0%15.0%
Property Taxes Growth Rate2-year average: 4.7%
4.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$199This listing

vs Other Active Listings

Avg $/sqft

ZIP 84720$158
Iron County$148

vs Homes Sold Last Month

Median $/sqft

ZIP 84720$326
Iron County$275

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-13Price change$3,699,000
2026-02-03Listed for sale$3,990,000
2026-01-06Pending sale$3,990,000
2025-12-12Price change$3,990,000
2025-10-09Listed for sale$4,275,000
2025-08-12Sold--
2024-01-05Listing removed--
2023-10-09Listed for sale$5,850,000
2013-11-15Sold--

For Sale by Agent

AgentJennifer Davis
BrokerageERA Realty Center

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