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. 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.)
For sale
Price cut: $990 (10/9)
$3,799,990
119 & 141 800th W #B, Cedar City, UT 84720
2beds
2baths
11,920sqft
Est.:
Multi Family
Built in 2018
-- sqft lot
$3,584,000 Zestimate®
$319/sqft
$-- HOA
What's special
Quiet and comfortable environmentAcoustically insulated interior wallsSolid core interior doorsAdded fire resistanceSound privacy
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