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
- 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
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
Contract Info
- Original List Price
- 1499000
- Short Sale Status
- No
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
Remarks & Misc
- Public Remarks
- 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.
- 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.
More Information
Construction
- Stucco
- Yes
- Wood Frame
- Yes
Separate Meters
- Electric
- Yes
- Gas
- Yes
Zoning
- Multi-Family
- Yes
- PUD
- Yes
Garage/Carport
- Garages
- Yes
- Garage Spaces
- 8
Terms of Sale
- 1031 Exchange
- Yes
- Cash
- Yes
- Conventional
- Yes
Roof
- Asphalt
- Yes
Heating
- Gas FA
- Yes
Air Conditioning
- Central Air
- Yes
Showing Instructions
- Call Listing Agent
- Yes
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.