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

2beds
2baths
11,920sqft
$3,799,990
$319price/sqft
$22,064/moest. monthly cost
$882,560/yrincome needed

About This Home

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.)

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: 2
  • Bathrooms: 2

Features

  • Finished area above ground: 0

Heating & Cooling

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

Interior Area

  • Total structure area: 11,920
  • Total interior livable area: 11,920 sqft

Property

Details

  • Parcel number: B012100030000
  • Zoning description: Multi-Family

Features

  • Stories: 3

Lot

  • Lot size: 0.40 Acres