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

$3,799,990
11,920
SqFt

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List Price
$3,799,990
Status
ACTIVE
MLS#
25-265858
Year Built
2018
Sq. Ft.
11,920
County
Iron
City
Cedar City
Region
Outside Area

Property 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.)

Additional Information

Acres
0.40
Elementary School
Out Of Area
Middle School
Out Of Area
High School
Out Of Area
Cooling
Central Air

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Calculator source: Real Geeks

Listing courtesy of Era Realty Center.