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Student Housing

Vintage at Tabernacle

852 E Tabernacle St, St. George, UT 84770

Listing Price: $29,000,000

Cap Rate
5.00%
Number of Units
56
Price/Unit
$517,857
Price/Gross SF
$145.00
Gross SF
200,000

Investment Overview

Developed in 2017, Vintage at Tabernacle offers Dixie State University Students unbeatable access to campus being located just one-block away from DSU. The property provides well-appointed apartment interiors showcasing fully-equipped kitchens with black appliances, granite countertops, and modern cabinetry and hardware, furnished living areas and spacious closets. Each unit features spacious living rooms with 65-inch wall mounted television, in-unit laundry, and extra storage. Vinyl wood-style flooring, large windows with coverings, and carpet compliment the units. The property also features an clubhouse with leasing office and study rooms, outdoor pool and spa, 24/7 fitness center and courtyard and an underground parking garage. Zions Bank has provided a loan quote with the following terms 70 percent loan-to-value, 3.5% rate and 30 year term.?

Investment Highlights

  • 265-Bed Student Housing Investment Opportunity
  • Student Housing Opportunity Located Within Walking Distance to Dixie State University
  • Developed in 2017 with Outstanding Unit and Community Amenities
  • 100% Occupancy for 2021-2022 School Year

Exclusively Listed By

  • Daniel Shin

    Senior Managing Director Investments

    (801) 736-2628

    Email Daniel

    License(s): UT: 6298928-SA00, ID: SP38035

    Salt Lake City

  • Brock Zylstra

    First Vice President Investments

    (801) 736-2642

    Email Brock

    License(s): UT: 8726586-SA00, ID: SP47190

    Salt Lake City

Listing Price: $29,000,000

Cap Rate
5.00%
Number of Units
56
Price/Unit
$517,857
Price/Gross SF
$145.00
Gross SF
200,000

Investment Highlights

  • 265-Bed Student Housing Investment Opportunity
  • Student Housing Opportunity Located Within Walking Distance to Dixie State University
  • Developed in 2017 with Outstanding Unit and Community Amenities
  • 100% Occupancy for 2021-2022 School Year

Investment Overview

Developed in 2017, Vintage at Tabernacle offers Dixie State University Students unbeatable access to campus being located just one-block away from DSU. The property provides well-appointed apartment interiors showcasing fully-equipped kitchens with black appliances, granite countertops, and modern cabinetry and hardware, furnished living areas and spacious closets. Each unit features spacious living rooms with 65-inch wall mounted television, in-unit laundry, and extra storage. Vinyl wood-style flooring, large windows with coverings, and carpet compliment the units. The property also features an clubhouse with leasing office and study rooms, outdoor pool and spa, 24/7 fitness center and courtyard and an underground parking garage. Zions Bank has provided a loan quote with the following terms 70 percent loan-to-value, 3.5% rate and 30 year term.?

Exclusively Listed By

  • Daniel Shin

    Senior Managing Director Investments

    (801) 736-2628

    Email Daniel

    License(s): UT: 6298928-SA00, ID: SP38035

    Salt Lake City

  • Brock Zylstra

    First Vice President Investments

    (801) 736-2642

    Email Brock

    License(s): UT: 8726586-SA00, ID: SP47190

    Salt Lake City

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