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    119 N 800 W #Building, Unit A Cedar City, UT 84720

    For Sale
    $4,275,000

    60-bed, 60-bath apartment complex near Southern Utah University.

    Lot size:
    0.44 Acres

    Property Features for 119 N 800 W #Building

    General Information

    Interior features
    Interior Feature 1, : "Natural Gas", "Interior Feature 2": "Forced Air"
    Exterior features
    exterior_features, : ["Electricity Connected", "Natural Gas Connected", "Sewer Connected", "Electric Separate", "Gas Separate", "Culinary, City", "Shingles"]
    Lot size
    0.44 Acres

    Building Details

    Year built
    2018

    Source: ERA Realty Center Agent ERA Realty Center

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Student Housing Investment Near SUU

    This 60-bedroom, 60-bathroom apartment complex is located one block from Southern Utah University, making it suitable for student housing. The property contains 10 living areas, each featuring 6 private bedrooms and 6 private bathrooms. Each unit includes 2 full kitchens with dual refrigerators, as well as 2 washers and 2 dryers. The layout is designed to accommodate multiple tenants. The property's proximity to campus is intended to ensure rental demand and minimize vacancy rates. The adjacent Building B, with a total of 112 bedrooms, is separately owned and available for purchase from a separate owner. All easements are in place and recorded for the shared parking lot. This property is positioned for both immediate income potential and long-term appreciation in a university town.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Map

    City
    Cedar City
    County
    Iron
    State
    Utah
    Longitude
    -113.22
    Latitude
    37.7617

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    FAQs

    What type of property is this?
    Apartment building - 60-bed, 60-bath apartment complex near Southern Utah University.
    Where is this apartment building located?
    The property is located at 119 N 800 W #Building, Unit A Cedar City, UT.
    What is the asking price?
    The asking price for this property is $4,275,000.
    What are key features of this property?
    This property features: - Prime location one block from Southern Utah University, ensuring high demand from students.; - High-capacity with 60 private bedrooms and 60 private bathrooms, maximizing rental income potential.; - Each of the 10 living areas includes 6 private bedrooms/bathrooms, 2 full kitchens with dual refrigerators, and 2 washers & 2 dryers.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    119 N 800 W #Building, Unit A Cedar City, UT 84720
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