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

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.

More Information MLS# 24-247062

Contract Info

Short Sale Status: No Listing Date: 2024-01-04

General Prop Info

Realtor.com: Multi-Family Lot Acres: 0.12 Lot Irregular: No # of Buildings: 1 3 Bedroom Aprx SqFt: 1893 # Floors: 2 Elevators: No HOA Transfer Fee: Yes Transfer Fee Amount: 25.00 Year Built: 2022 Number of Units: 4 Total SqFt: 7572

Location, Tax & Legal

Unit #: , Bldg A (Units 1-4) Total Taxes: 4375.56 Tax Year: 2022 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: 197.97 Geo Lat: 37.71594 Geo Lon: -113.066686 List Price: $1,499,000 Current Price: $1,499,000 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

Remarks & Misc

Directions: From Main St, go west on 1925 N to Northfield Rd and turn L under the freeway on 400 W/Northfield. Then go straight another .25 mile and turn R onto 2100 N, home on the left side. Look for sign.

Status Change Info

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

Annual Grs Rntl Inc

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

Construction

Stucco: 1 Wood Frame: 1

Separate Meters

Electric: 1 Gas: 1

Zoning

Multi-Family: 1 PUD: 1

Garage/Carport

Garages: 1 Garage Spaces: 8

Terms of Sale

1031 Exchange: 1 Cash: 1 Conventional: 1

Roof

Asphalt: 1

Heating

Gas FA: 1

Air Conditioning

Central Air: 1

Showing Instructions

Call Listing Agent: 1

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.