Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
2018
Sq.Footage
N/A
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.)
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)
0.4
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
Price
-
Sales Price
$3,799,990
-
Tax Amount
5719.61
-
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 Jennifer Davis , ERA Realty Center
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