119 & 141 N 800 W, Unit 0
Property Description
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. 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.)
Broker Details
ERA REALTY CENTER (435) 586-2777
MLS ID: jennidavis State License Number: 5458788-AB
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $3,799,990 |
| No. of Units: | 7 |
| Year Built: | 2018 |
| Lot Size: | 11,920.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $542,856 |
| Property Website | Click Here |
| Number of Bedrooms: | 2 |
| Number of Bathrooms: | 2 |
ID: 3yd-WCBRUT-25-265858
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