$3,799,990
Cedar City, UT 84720
MLS# 25-265858
11920 sqft

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Property 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.
Details
Documents
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
Contract Info
Original List Price: 3799990
Listing Date: 2025-10-09
Short Sale Status: No
Location Tax Legal
Geo Lat: 37.679547
Geo Lon: -113.074127
List Price: $3,799,990
Current Price: $3,799,990
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
Status Change Info
Status: Active
Annual Grs Rntl Inc
# 1 Bedroom Units: 52
1 Bedroom Rent: 565
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
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 performance and future potential.)
Listing Office: ERA Realty Center
Last Updated: February - 24 - 2026
Information deemed reliable but not guaranteed.
Broker Attribution:
435-586-2777

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