1094 1550 W CIR, St George, UT 84770 (MLS# 24-247235)

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1094 1550 W CIR, St George, UT 84770

$4,500,000
Property Type: MultiFamily Square Footage: 19,800 Lot Size (sq. ft.): 48,352 Status: Pending
Current Price: $4,500,000 List Date: 1/11/2024 Last Modified: 5/01/2024

Description

Excellent multi-family investment opportunity in one of the fasted growing counties in the country! Three buildings on two adjacent lots; 14 apartments in total. Each unit has 3 bedrooms, 2.5 bathrooms with a 300 sq. ft 1 car garage and enclosed backyard. Complex also offers additional off road parking for each unit. Located in a private cul-de-sac with grassy common areas for tenants. Shopping, schools, trails, and parks all nearby. Buildings one and two back up to a gulch with no backyard neighbors. Clean and well maintained, these apartments rent easily and are ready for a new investor looking to add to their investment portfolio. Square Footage is provided as a courtesy only. Buyer to verify.

More Information MLS# 24-247235

General Prop Info

Realtor.com: Multi-Family Lot Acres: 1.11 Lot Irregular: Yes Year Built: 2007 # of Buildings: 3 Number of Units: 14 Total SqFt: 19800 # Levels: 2 Elevators: No HOA Transfer Fee: No

Contract Info

Listing Date: 2024-01-10 Short Sale Status: No

Location, Tax & Legal

Geo Lat: 37.127002 Geo Lon: -113.616992 List Price: $4,500,000 Current Price: $4,500,000 List Price/SqFt: 227.27 House Number: 1094 Street Name: 1550 W Street Suffix: CIR MLS Area: Greater St. George State/Province: UT Postal Code: 84770 County: Washington Subdivision: TOBLER Tax ID: SG-TBLR-3-A Total Taxes: 14209.2 Tax Year: 2023 Elementary Schools: Paradise Canyon Elementary Intermediate Schools: Tonaquint Intermediate Jr. High Schools: Dixie Middle Sr. High Schools: Dixie High

Remarks & Misc

Directions: West on Sunset Blvd, head north on Westridge Dr, turn left (northwest) on 1040 N. Located at the end of the cul-de-sac. West on Snow Canyon Pkwy, head south on 1400 W to Westridge Dr, NW on 1040 N.

Office/Member Info

Buyer Broker Compensation (BBC): 3 Buyer Broker Comp (BBC) Type: %

Status Change Info

Under Contract Date: 2024-05-01 Status: Pending

Annual Grs Rntl Inc

# 3 Bedroom Units: 14 Effective Rental Inc: 250200

Annual Oper Expenses

Real Estate Taxes: 14209 Personal Prop Taxes: 4790 Property Insurance: 4790 Off Site Management: 17514 Sewer/Water: 2160 Landscape Maint: 7200 Total Oper Expenses: 58873

Property Features

Construction: Stucco Separate Meters: Electric; Gas; Water Garage/Carport: Garages Roof: Tile Heating: Gas FA Air Conditioning: Central Air Showing Instructions: Call Listing Agent Zoning: Multi-Family Terms of Sale: 1031 Exchange; Cash
Listing Office: EQUITY REAL ESTATE (ST GEORGE)
Last Updated: May - 01 - 2024

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Information deemed reliable but not guaranteed.