Listed by Borne 2 Sell Realty
$4,500,000
Newly Renovated 36-Unit Apartment Complex – 100% Occupancy!
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 49,374
Units 36
Occupancy 100%
Class B
Year Built 1980
Buildings 9
Stories 2
Acreage 2.100
Newly Renovated 36-Unit Apartment Complex – 94.4% Occupancy!
Marketing description
Introducing an exceptional investment opportunity in St. George: a fully renovated 36-unit apartment complex spanning 9 well-maintained buildings. This turnkey property boasts a strong 100% occupancy, reflecting both its desirable location and recent upgrades.
Each unit has been thoughtfully modernized to meet today’s renter demands, offering updated interiors, quality finishes, and a clean, contemporary appeal. The exterior of the complex has also been improved, including new roofs, enhancing curb appeal and long-term durability.
With consistent cash flow, high tenant retention, and minimal deferred maintenance, this asset is ideal for investors seeking stable income and long-term growth.
Investment highlights
✨ Property Highlights
- ✅ 36 Units across 9 buildings
- A and D units are all 3 bedroom, 2.5 baths (1,495 sqft)
- B and C units are all 2 bedroom, 2.5 baths (1,248 sqft)
- 🛠️ Fully Renovated – inside & out
- 📍 High-Demand Location
- 💼 100% Occupancy
- 🏘️ Low Tenant Turnover
- 🌳 Well-maintained landscaping & common areas
Listing Contacts
Listed by Borne 2 Sell Realty
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