Type: Private
Price: $5,850,000
Location: Cedar City, Utah, UT
Address: 119 N 800 W, UT
Zip: 84720
Size: 18622 square feet
Property size: 19171 square feet
Condition: Used
New (built in 2018) and stabilized Student apartment building.
This Building has (60 beds and 60 bath's) 10 bedrooms and 10 bathrooms in each unit. Each bedroom has it's own private bathroom. There are 2 washers and 2 dryers per unit. There are 2 fridges in each kitchen. There are 2 ac's and 2 furnaces per unit. This property is being offered
at 6.00 Cap Rate. These units are very clean and in great condition, they have been very well maintained and carpets professionally cleaned every year. The parking lots have just been crack sealed and seal coated. It also has a brand new roof (roof damage from a storm, warranty replaced).
Property has a history of 100% occupancy and is very close to SUU. Owner/Agent, Owner/Broker