Downtown St. George Apartments & CRE Option 1 | 125 W Saint George Blvd
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Downtown St. George Apartments & CRE Option 1 125 W Saint George Blvd
25 Unit Apartment Building $4,300,000 ($172,000/Unit) St George, UT 84770
Investment Highlights
- 25 Studio or One Bedroom Apartments and Commercial Tenants
- Undeveloped Land that could be put to use
- Prominently Located downtown on St George Blvd and 100 W
Executive Summary
OFFERED PRICE | ALL PARCELS $4,300,000
OFFERED PRICE FOR SG-342-B-1-CB (.62 ACRES) AND SG-343-CB (.04 ACRES) $2,995,000
• Excellent value add property and future redevelopment opportunity?
• 25 Studio or One Bedroom Apartments and Commercial Tenants
• Prominently Located downtown on St George Blvd and 100 W
• Located in an Opportunity Zone
• Undeveloped Land that could be put to use
• Rent Roll and Financial Statements available for qualified buyers upon signing an NDA.
• Conceptual drawings for 99 residential units and 7 commercial spaces
OFFERED PRICE FOR SG-342-B-1-CB (.62 ACRES) AND SG-343-CB (.04 ACRES) $2,995,000
• Excellent value add property and future redevelopment opportunity?
• 25 Studio or One Bedroom Apartments and Commercial Tenants
• Prominently Located downtown on St George Blvd and 100 W
• Located in an Opportunity Zone
• Undeveloped Land that could be put to use
• Rent Roll and Financial Statements available for qualified buyers upon signing an NDA.
• Conceptual drawings for 99 residential units and 7 commercial spaces
Property Facts
| Price | $4,300,000 | Building Class | C |
| Price Per Unit | $172,000 | Lot Size | 1.24 AC |
| Sale Type | Investment | Building Size | 15,022 SF |
| No. Units | 25 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1948 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Price | $4,300,000 |
| Price Per Unit | $172,000 |
| Sale Type | Investment |
| No. Units | 25 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 1.24 AC |
| Building Size | 15,022 SF |
| No. Stories | 2 |
| Year Built | 1948 |
| Opportunity Zone |
Yes |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 3 | - | - |
| 1+1 | 22 | - | - |
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Walk Score ®
Walker's Paradise (90)
Bike Score ®
Very Bikeable (71)
zoning
| Zoning Code | C-4 (C-4 Zoning) |
| C-4 (C-4 Zoning) |
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Downtown St. George Apartments & CRE Option 1 | 125 W Saint George Blvd
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