125 St George BlvdSt. George, UT 84770

This exceptional multifamily property, located at 125 W St George Blvd, St. George, UT 84770, presents a compelling investment opportunity. The 1.24-acre lot, zoned C-4, currently houses a 25-unit apartment building comprised of studio and one-bedroom units, along with commercial tenants. Priced at $4,300,000 ($172,000 per unit), this property offers significant value-add potential. Its prominent downtown location on St. George Blvd and 100 W provides excellent visibility and accessibility. Further enhancing its appeal, the property sits within an Opportunity Zone, offering potential tax advantages. A substantial portion of the land remains undeveloped, presenting exciting possibilities for expansion or redevelopment. Conceptual drawings are available for a potential project encompassing 99 residential units and 7 commercial spaces. Detailed financial statements and rent rolls are accessible to qualified buyers upon execution of a non-disclosure agreement. This is a rare chance to acquire a well-situated property with substantial upside in a thriving Utah market.