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

$3,799,990
Property Type: MultiFamily Square Footage: 11,920 Lot Size (sq. ft.): 17,424 Status: Active
Current Price: $3,799,990 List Date: 1/29/2026 Last Modified: 2/24/2026

Overview

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.

Supplements: 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 performanc ...

Listing Details MLS# 25-265858

Location, Tax & Legal

House Number
119 & 141
Street Direction Pfx
N
Street Name
800 W
MLS Area
Outside Area
State/Province
UT
Postal Code
84720
County
Iron
Tax ID
B-0121-0003-0000
Unit #
#B
Total Taxes
5719.61
Tax Year
2023
Elementary Schools
Out of Area
Intermediate Schools
Out of Area
Jr. High Schools
Out of Area
Sr. High Schools
Out of Area
List Price/SqFt
318.79

General Prop Info

Realtor.com
Multi-Family
Lot Acres
0.4
Hot Tub YN
Yes
Pool Private YN
No
Year Built
2018
# of Buildings
2
Number of Units
7
Total SqFt
11920
# Floors
3
Elevators
No
HOA Transfer Fee
No
Studio Aprx SqFt
0

Contract Info

Original List Price
3799990
Short Sale Status
No

Annual Grs Rntl Inc

# 1 Bedroom Units
52
1 Bedroom Rent
565

Remarks & Misc

Public Remarks
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.

More Information

Construction

Stucco
Yes

Separate Meters

Electric
Yes

Zoning

Multi-Family
Yes

Terms of Sale

1031 Exchange
Yes
Cash
Yes
Conventional
Yes
Exchange
Yes

Roof

Asphalt
Yes

Heating

Gas FA
Yes

Air Conditioning

Central Air
Yes

Showing Instructions

Call Listing Agent
Yes

Possession

Close Of Escrow
Yes

Property Features

Construction: Stucco Separate Meters: Electric Roof: Asphalt Heating: Gas FA Air Conditioning: Central Air Showing Instructions: Call Listing Agent Zoning: Multi-Family Terms of Sale: 1031 Exchange; Cash; Conventional; Exchange Possession: Close Of Escrow
Listing Office: ERA Realty Center
Last Updated: February - 24 - 2026
Broker Attribution: 435-586-2777

Information deemed reliable but not guaranteed.