$3,799,000

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

Estimated payment $20,619/month

-- Bed
-- Bath
11,920 Sq Ft
$319 Price per Sq Ft

Highlights

  • No HOA
  • Landscaped
  • Forced Air Heating System

About This Home

University Lofts - Building B - Prime Student Housing Investment | 52-Unit Apartment Complex | 1 Block from SUU. Exceptional opportunity to own University Lofts Building B, a 52-unit 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, and solid core interior doors throughout creating a quiet and comfortable environment highly valued by tenants. This is a turnkey investment offering both security and long-term growth... in one of Southern Utah's most desirable rental locations. 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.

Listing Agent

Jennifer Davis

ERA Realty Center License #5458788-AB00 Listed on: 10/09/2025

ERA Realty Center

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,720

Year Built

  • Built in 2018

Lot Details

  • 0.59 Acre Lot
  • Landscaped

Home Design

  • 11,920 Sq Ft Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Stucco

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating System
  • Separate Meters
  • Natural Gas Connected
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • 52 Units
  • Cedar City Subdivision

Listing and Financial Details

  • The owner pays for water, sewer, internet, garbage
  • Assessor Parcel Number B-0121-0000-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,720

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 2018
  • Reso Property Sub Type: Multi Family
  • Subdivision Name: Cedar City
  • Reso Flooring: Linoleum, Carpet
  • Unit Levels: Three
  • New Construction: No
  • Master Plan Zoning: SHD
  • Water Heater Gas3: Yes
  • Utilities Culinary City: Yes
  • Roof Asphalt Shingles: Yes
  • Keywords Covered Parking: No
  • Keywords Utilities: Separate Meters
  • Meters Electric Separate: Yes
  • Meters Gas Separate: Yes
  • Extras Refrigerated AC: Yes
  • Extras Landscaped: Yes
  • Extras Central Laundry: Yes
  • Utilities:Natural Gas Connected: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Property Condition: Existing
  • Acres: 0.59
  • Construction Type: Frame, Stucco
  • Construction:Frame: Yes
  • Construction:Stucco: Yes

Utilities

  • Heating: Natural Gas, Forced Air
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Electric Separate, Gas Separate, Culinary, City
  • Green Building Features: Central Laundry, Furnished, Landscaped, Refrigerated AC
  • HeatingYN: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: B-0121-0000-0000
  • Lot Size Sq Ft: 25700.4
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Internet, Garbage

Multi Family

  • Number Of Units Total: 52
  • Tenant Pays: Electricity, Gas

Tax Info

  • Tax Annual Amount: 5719.61

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/09/2025 10/09/25 For Sale $3,799,000 0.0% $319 / Sq Ft
10/09/2025 10/09/25 For Sale $3,799,990 -- $319 / Sq Ft
Source: Iron County Board of REALTORS®

Source: Iron County Board of REALTORS®

MLS Number: 113464