$1,499,000
280 W 2100 N , Bldg A (Units 1-4)
Cedar City, UT 84721
MLS# 24-247062
Status: Closed
7572 sqft


1b Main
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1b Main 1a main 1c main 2a Entry 2b 3a Living Room 3b 4a Kitchen 4b 4c 4d 4e 5a half bath 5b stairs 5c 6a master bedroom 6b 6c 6d 6e 6f 6g 6h 6i 7a hallway 7b 7c 7d 7e 8b 8c 8d 9a garage 2022-05-13 18.17.23 2022-05-13 18.17.38 2023-05-09 12.29.53 2023-05-09 12.30.34 Aerial - 280 W 2100 N, Cedar City Aerial Zoomed Out - 280 W 2100 N, Cedar

Property 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.

Details
Maps
Contract Info
Original List Price: 1499000
Listing Date: 2024-01-04
Status: Closed
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: 1
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
Location, Tax & Legal
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
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
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.