119 N 800 W #Building #A Active Save Request In-Person Tour Request Virtual Tour
Cedar City,UT 84720
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 18,618 sqft
Price per Sqft $229
Subdivision Cedar City
MLS Listing ID 113460
Construction Status Existing
Year Built 2018
Annual Tax Amount $8,958
Lot Size 0.427 Acres
Acres 0.44
Property Sub-Type Multi Family
Source Iron County Board of REALTORS®
Property Description
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 areas, 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.
University Lofts Building A - is separately owned from adjacent Building B available to be purchased from separate owner for a total of 112 bedrooms. All easements are in place and recorded for the shared parking lot.
Location
State UT
County Iron
Community Cedar City
Interior
Heating Natural Gas,Forced Air
Laundry Yes
Exterior
Utilities Available Electricity Connected,Natural Gas Connected,Sewer Connected,Electric Separate,Gas Separate,Culinary, City
Building
Structure Type Frame,Stucco
New Construction No
Construction Status Existing
Schools
High Schools Cedar
Others
Senior Community No
Tax ID B-0118-0000-0000