Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
2018
Sq.Footage
N/A
Rare opportunity for an established 24 unit student apartment building in the middle of Cedar City! The property consists of two 12 plex apartment buildings that are each 3 stories tall, making up 96 bedrooms in total. Each apartment unit floor plan consists of 4 bed 2.5 bath with it's own kitchen, living room/dining area & laundry. Newly built in 2018, the apartment building and units are in great shape. As a student rental, the building has been receiving around $550 per month per private bedroom. The landlord is currently paying all of the utilities. Plenty of parking with 125 parking stalls. With being around 1 mile from the SUU campus, this building is ideal to be used as a student housing complex. SUU is projected to continue to grow. Don't delay, come see today!
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air
-
Heating YN
YES
-
Heating
Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
Area & Lot
-
Lot Size(acres)
1.73
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
Price
-
Sales Price
$7,400,000
-
Tax Amount
12100.46
-
Zoning
Multi-Family
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
Out of Area
-
Middle School
Out of Area
-
High School
Out of Area
Property Features
-
Stories
3
-
Senior Community YN
NO
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Location
County
Iron
Elementary School
Out of Area
Middle School
Out of Area
High School
Out of Area
Listing Courtesy of Jesse Guy Carter , Stratum Real Estate Group So Branch
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Principal Broker
MicahPearson
Call Micah today to schedule a private showing.
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