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Purpose-Built Student Housing Building
For Sale
$3,799,990

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

MULTI_FAMILY - Cedar City, UT

Property Size11,920 SF
Lot Size0.40 Acres
Price / SF$318.79
Days on Market305

Property Features for 119 & 141 N 800 W

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Multi-Family
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 1
Elementary school Out of Area
Middle school Out of Area
High school Out of Area
Subdivision Outside Area
Standard status Active
APN B-0121-0003-0000
Size 11,920 SF
Lot size 0.40 Acres

Taxes and HOA fees

Tax Annual Amount 5720

Utilities

Heating system Natural Gas
Cooling system Central Air

Building Details

Year built 2018
Floors in Building 3
Number of units 7
Roof type Asphalt
Listing Agency: ERA Realty Center
Listed By: Jennifer Davis · License #5458788-AB
Added: Oct 9, 2025 Changed: Jul 16 Last Checked: Aug 9 at 2:06PM
MLS# 25-265858

Copyright © 2026 Washington County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

University Lofts Building B is a purpose-built student housing structure configured as a 7-unit, 52-bedroom/52-bathroom apartment complex. The building is described as fully occupied. Interior construction details include 5/8-inch drywall for enhanced fire resistance and durability, acoustically insulated interior walls, and solid core interior doors intended to support a quieter living environment.

The property is located in Cedar City, Utah at 119 & 141 N 800 W, and is described as being just one block from Southern Utah University. The sale includes a portion of the parking lot on 900 W, providing on-site vehicle parking access for residents.

This building is designed to serve student renters seeking apartment-style living with sound privacy features. For buyers evaluating a turnkey acquisition, the stated full occupancy provides in-place leasing at the time of sale. Building A is also available under separate ownership, allowing an interested buyer to potentially acquire both buildings and the full University Lofts complex if desired.

Key Highlights

  • University Lofts Building B: 7‑unit, 52‑bedroom / 52‑bathroom apartment complex purpose‑built for student housing
  • 100% occupied apartment complex providing immediate rental occupancy
  • Built in 2018 with natural gas heating and central air conditioning

Property Analytics

Current Use

University Loft Hotel & Motel University Lofts Student Dormitory

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store HVAC Service Pharmacy Veterinary Clinic Locksmith Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

7
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

866
Businesses Nearby

Demographics for 84720, UT

23,607
Population
8,984
Households
2.6
Avg Household Size
28
Median Age
35%
College-Educated
95%
High-School Grad
341.5 sq mi
ZIP Area
69
Density / Sq Mi
$63,742
Median Household Income
$29,979
Median Earnings
$932
Median Rent
$357,400
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Seven-unit, 52-bedroom building near Southern Utah University, with sound-focused construction and parking included.
Where is this apartment building located?
The property is located at 119 & 141 N 800 W Cedar City, UT.
What is the asking price?
The asking price for this property is $3,799,990.
What are key features of this property?
This property features: University Lofts Building B: 7‑unit, 52‑bedroom / 52‑bathroom apartment complex purpose‑built for student housing; 100% occupied apartment complex providing immediate rental occupancy; Built in 2018 with natural gas heating and central air conditioning
More about this property
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