280 W 2100 N , Bldg A (Units 1-4), Cedar City, UT 84721 (MLS# 24-247062)

280 W 2100 N , Bldg A (Units 1-4), Cedar City, UT 84721

$1,499,000

Property Type: MultiFamily Square Footage: 7,572 Lot Size (sq. ft.): 5,227 Status: Closed

Current Price: $1,499,000 List Date: 1/05/2024 Last Modified: 9/15/2024

Overview

Description

Investors! With a cap rate of 6.1% when fully rented, you don't want to miss out on these 4 luxury townhomes only one year old. Each unit has its own parcel number and features a 2-car garage, fireplace, luxury primary suite w/stand alone tub and separate shower, double vanity and huge walk in closet. LVP throughout main areas with carpet in bedrooms. Includes ALL appliances. 3 units are rented for $2200 each (1 just vacated), and the $150 per unit monthly HOA includes water, sewer, garbage, snow removal, exterior liability insurance and front yard & common area maintenance. These are some of the largest townhomes on the market and one of the lower $/sq. ft. These townhomes make up all of Bldg. A; 5th unit avail in B. No restrictions on nightly rentals. Please do not disturb the tenants.

Listing Details MLS# 24-247062

Location, Tax & Legal

House Number: 280
Street Direction Pfx: W
Street Name: 2100
Street Direction Sfx: N
MLS Area: Outside Area
State/Province: UT
Postal Code: 84721
County: Iron
Tax ID: B-2022-0001-0000

Contract Info

Original List Price: 1499000
Short Sale Status: No

General Prop Info

Realtor.com: Multi-Family
Lot Acres: 0.12
Hot Tub YN: Yes
Pool Private YN: No
Lot Irregular: No
Year Built: 2022
# of Buildings: Yes
Number of Units: 4
3 Bedroom Aprx SqFt: 1893
Total SqFt: 7572
# Floors: 2
Elevators: No
HOA Transfer Fee: Yes
Transfer Fee Amount: 25.00

Status Change Info

Sold Date: 2024-03-20
Under Contract Date: 2024-02-20
Sold Price/SqFt: 171.69

Annual Grs Rntl Inc

# 3 Bedroom Units: 4
3 Bedroom Rent: 2200
3 Bedroom Total Rent: 8800

More Information

Property Features

Construction: Stucco; Wood Frame Separate Meters: Electric; Gas Roof: Asphalt Heating: Gas FA Air Conditioning: Central Air Showing Instructions: Call Listing Agent Zoning: Multi-Family; PUD Terms of Sale: 1031 Exchange; Cash; Conventional

Listing Office: EQUITY REAL ESTATE-SOUTHERN UTAH

Last Updated: September - 15 - 2024

Information deemed reliable but not guaranteed.