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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

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 $19,214$230,568
Home Insurance $766$9,192
Property Taxes $1,361$16,332
Electricity $723$8,682
Total$22,064$264,768

Income You'd Need if You Spent...

35% on housing$756,480/yr
40% on housing$661,920/yr
45% on housing$588,373/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

$319This listing

vs Other Active Listings

Avg $/sqft

ZIP 84720$155
Iron County$147

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
2026-01-29Price change$3,799,990
2026-01-29Price change$3,799,000
2025-11-17Pending sale$3,799,990
2025-10-09Price change$3,799,000
2025-10-09Listed for sale$3,799,990

For Sale by Agent

AgentJennifer Davis
BrokerageERA Realty Center

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