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Building B 119 N 800 W 7 Unit Apartment Building $3,799,000 ($542,714/Unit) Cedar City, UT 84720
Executive Summary
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. This is a turnkey investment offering both security and long-term growth.
Property Facts
| Price | $3,799,000 | Apartment Style | Low-Rise |
| Price Per Unit | $542,714 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.41 AC |
| No. Units | 7 | Building Size | 11,920 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 2018 |
| Zoning | SHD | ||
| Price | $3,799,000 |
| Price Per Unit | $542,714 |
| Sale Type | Investment |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.41 AC |
| Building Size | 11,920 SF |
| No. Stories | 3 |
| Year Built | 2018 |
| Zoning | SHD |
Amenities
Unit Amenities
- Kitchen
- Refrigerator
- Sprinkler System
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
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Property Taxes
| Parcel Number | B-0121-0003-0000 | Improvements Assessment | $719,994 |
| Land Assessment | $16,500 | Total Assessment | $736,494 |
Property Taxes
Parcel Number
B-0121-0003-0000
Land Assessment
$16,500
Improvements Assessment
$719,994
Total Assessment
$736,494
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Building B | 119 N 800 W
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