$4,500,000
St George, UT 84770
MLS# 24-247235
Status: Closed
19800 sqft
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Property Description
Excellent multi-family investment opportunity in one of the fasted growing counties in the country! Three buildings on two adjacent lots; 14 apartments in total. Each unit has 3 bedrooms, 2.5 bathrooms with a 300 sq. ft 1 car garage and enclosed backyard. Complex also offers additional off road parking for each unit. Located in a private cul-de-sac with grassy common areas for tenants. Shopping, schools, trails, and parks all nearby. Buildings one and two back up to a gulch with no backyard neighbors. Clean and well maintained, these apartments rent easily and are ready for a new investor looking to add to their investment portfolio. Square Footage is provided as a courtesy only. Buyer to verify.
Details
Maps
Documents
General Prop Info
Realtor.com: Multi-Family
Lot Acres: 1.11
Lot Irregular: Yes
Year Built: 2007
# of Buildings: 3
Number of Units: 14
Total SqFt: 19800
# Levels: 2
Elevators: No
HOA Transfer Fee: No
Contract Info
Listing Date: 2024-01-10
Short Sale Status: No
Location, Tax & Legal
Geo Lat: 37.127002
Geo Lon: -113.616992
List Price: $4,500,000
Current Price: $4,500,000
List Price/SqFt: 227.27
House Number: 1094
Street Name: 1550 W
Street Suffix: CIR
MLS Area: Greater St. George
State/Province: UT
Postal Code: 84770
County: Washington
Subdivision: TOBLER
Tax ID: SG-TBLR-3-A
Total Taxes: 14209.2
Tax Year: 2023
Elementary Schools: Paradise Canyon Elementary
Intermediate Schools: Tonaquint Intermediate
Jr. High Schools: Dixie Middle
Sr. High Schools: Dixie High
Remarks & Misc
Directions: West on Sunset Blvd, head north on Westridge Dr, turn left (northwest) on 1040 N. Located at the end of the cul-de-sac.
West on Snow Canyon Pkwy, head south on 1400 W to Westridge Dr, NW on 1040 N.
Office/Member Info
Buyer Broker Compensation (BBC): 3
Buyer Broker Comp (BBC) Type: %
Status Change Info
Sold Date: 2024-05-31
Under Contract Date: 2024-05-01
Status: Closed
Sold Price/SqFt: 199.49
Annual Grs Rntl Inc
# 3 Bedroom Units: 14
Effective Rental Inc: 250200
Annual Oper Expenses
Real Estate Taxes: 14209
Personal Prop Taxes: 4790
Property Insurance: 4790
Off Site Management: 17514
Sewer/Water: 2160
Landscape Maint: 7200
Total Oper Expenses: 58873
Property Features
Construction: Stucco
Separate Meters: Electric; Gas; Water
Garage/Carport: Garages
Roof: Tile
Heating: Gas FA
Air Conditioning: Central Air
Showing Instructions: Call Listing Agent
Zoning: Multi-Family
Terms of Sale: 1031 Exchange; Cash
Listing Office: EQUITY REAL ESTATE (ST GEORGE)
Last Updated: June - 17 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Information deemed reliable but not guaranteed.