1055 W 400 N, Cedar City, UT 84720

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Sold Price
$?
List Price
$7,152,800
MLS#
94439
Acres
3.49
Subdivision
Not Applicable
Year Built
2018

Property Description

New and stabilized Student apartment complex. This complex has 4 buildings with 5 units in each building and 6 bedrooms & 6 bathrooms plus 2 kitchens and 2 living rooms per unit for a total of 120 beds. This property is being offered at 6.25 Cap Rate plus an additional 1.7 + acres for Phase II. These units are sparkling clean and in brand new condition. This complex is only 4 block from Southern Utah University and is completely leased through the fall of 2021 and Spring of 2022. Large complimentary laundry facility on site.

Additional Information

Heating
Natural Gas, Forced Air
School District
Canyon View
Elementary School
Cedar North
Middle School
Canyon View
High School
Canyon View
Taxes
$37,550
Utilities
Culinary, City, Electricity Connected, Natural Gas Connected, Sewer Connected, Gas Separate, Electric Separate

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Listing courtesy of D&B Real Estate (Cedar City). Selling Office: .