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109 S 100 E
Cedar City, UT 84720
Sunrise Apartments · Multifamily Property For Sale
·
12 Units
Investment Highlights
- Located in the heart of Cedar City, Sunrise Apartments offers investors an established, income-producing multifamily asset in Southern Utah’s s
- Its highly central location provides convenient access to downtown Cedar City
Executive Summary
Located in the heart of Cedar City, Sunrise Apartments offers investors an established, income-producing multifamily asset in one of Southern Utah’s strongest rental markets. Its highly central location provides convenient access to downtown Cedar City, Southern Utah University, major employment centers, shopping, dining, and community services, supporting broad and consistent tenant demand. With a proven operating history and established tenant base, the property provides dependable current income together with the potential for long-term value appreciation.
Property Facts
| Price Per Unit | $127,083 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.60 AC |
| Cap Rate | 5.37% | Building Size | 12,000 SF |
| No. Units | 12 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1977 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | CC | ||
| Price Per Unit | $127,083 |
| Sale Type | Investment |
| Cap Rate | 5.37% |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.60 AC |
| Building Size | 12,000 SF |
| No. Stories | 3 |
| Year Built | 1977 |
| Opportunity Zone |
Yes |
| Zoning | CC |
Amenities
Unit Amenities
- Air Conditioning
- Microwave
- Kitchen
- Oven
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Tenant Controlled HVAC
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 12 | - | 550 |
Property Taxes
| Parcel Number | B-0465-0000-0000 | Improvements Assessment | $254,288 |
| Land Assessment | $75,821 | Total Assessment | $330,109 |
Property Taxes
Parcel Number
B-0465-0000-0000
Land Assessment
$75,821
Improvements Assessment
$254,288
Total Assessment
$330,109
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