1055 W 400 N
Cedar City, UT 84721
Cedar Pointe Student Housing · Multifamily Property For Sale
·
20 Units
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Heating
- Kitchen
- High Speed Internet Access
- Refrigerator
- Oven
- Sprinkler System
- Stainless Steel Appliances
- Range
- Carpet
- Built-In Bookshelves
- Double Pane Windows
- Handrails
- Porch
- Smoke Free
Site Amenities
- 24 Hour Access
- Laundry Facilities
About 1055 W 400 N , CEDAR CITY, UT 84721
Cedar Pointe Student Housing delivers an Investment Offering unlike anything else in Cedar City, Utah. Cedar Pointe is a 20-unit Class A student housing community located approximately a half mile north of Southern Utah University Campus. Cedar Pointe exemplifies there commitment to style, convenience, and luxury while the Property's strong demographics and convenient central location position Cedar Pointe for monumental future growth. Cedar Pointe Phase 1 is completed and consists of 20 units. Cedar Pointe Phase 2 is approved and ready to pull permits. Phase 2 consists of 46 units (4 Beds per Unit), 1 Clubhouse and a Laundry Facility. Phase 2 will have 184 beds. The combination of significant value-add potential and development opportunity makes this property unlike anything else. Property Information: 4 Buildings 36,000 Sq. Ft. Unit Mix Total Units 20 All units consists of 2 Suite Beds 4 Private Beds Total 120 Beds Parcel Size: 1.80 Age. 2018 Zoning R-3-M Parking 104 Spaces Percentage Leased: 88% Percentage Occupied: 82% Net Operating Income: $427,369
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 6+6 | 20 | $2,950 | 1,800 |
Property Taxes
| Parcel Number | B-0020-0010-0000 | Improvements Assessment | $2,272,055 |
| Land Assessment | $114,784 | Total Assessment | $2,386,839 |
Property Taxes
