119 & 141 N 800 W #B Unit #B, Cedar City, UT 84720

Property Description

University Lofts - Building B - Prime Student Housing Investment | 52-bd Apartment Complex. Exceptional opportunity to own 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. The property is comprised of two distinct parcels, potentially permitting financing under Fannie Mae guidelines rather than commercial financing. Buyer is advised to independently verify all financing options. Sale includes the adjacent parking lot on 900 West, providing additional parking for tenants. (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.)