Multifamily
Dixie Cove Student Housing
233 S 1000 E, St. George, UT 84770
Listing Price: $1,450,000
Investment Overview
Marcus & Millichap is pleased to announce the exclusive listing of Dixie Cove, a unique student housing opportunity directly across the street from Utah Tech University. Properties of this size rarely trade in the area; only one under 40 units has sold in the past five years, making this a scarce and highly desirable asset. The location offers unbeatable walkability for students, with large units and attractive amenities that support strong leasing demand.
The property has recently benefited from new professional management, which has already improved operations and demonstrated further upside potential. With Utah Tech’s enrollment growing nearly 5% year-over-year last fall—a new record—the fundamentals for student housing remain strong. This asset is well-positioned to capitalize on continued enrollment growth and increasing demand for quality, conveniently located housing.
Dixie Cove Student Housing
Investment Highlights
- Rare Student Housing Opportunity: Only one student housing property under 40 units has sold near Utah Tech in the past five years, making this a rare chance to own in a supply-constrained market.
- Unbeatable Location: Directly across the street from Utah Tech University. Walk-to-campus convenience with large rooms and attractive amenities.
- Operational Upside: New management has improved performance and stabilized operations, unlocking further upside potential.
- Enrollment Growth: Utah Tech enrollment rose nearly 5% last fall—a new record—driving sustained demand for student housing.
Listing Price: $1,450,000
Investment Highlights
- Rare Student Housing Opportunity: Only one student housing property under 40 units has sold near Utah Tech in the past five years, making this a rare chance to own in a supply-constrained market.
- Unbeatable Location: Directly across the street from Utah Tech University. Walk-to-campus convenience with large rooms and attractive amenities.
- Operational Upside: New management has improved performance and stabilized operations, unlocking further upside potential.
- Enrollment Growth: Utah Tech enrollment rose nearly 5% last fall—a new record—driving sustained demand for student housing.
Investment Overview
Marcus & Millichap is pleased to announce the exclusive listing of Dixie Cove, a unique student housing opportunity directly across the street from Utah Tech University. Properties of this size rarely trade in the area; only one under 40 units has sold in the past five years, making this a scarce and highly desirable asset. The location offers unbeatable walkability for students, with large units and attractive amenities that support strong leasing demand. The property has recently benefited from new professional management, which has already improved operations and demonstrated further upside potential. With Utah Tech’s enrollment growing nearly 5% year-over-year last fall—a new record—the fundamentals for student housing remain strong. This asset is well-positioned to capitalize on continued enrollment growth and increasing demand for quality, conveniently located housing.
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