These costs cannot be financed and are in addition to the 10% down payment. All closing costs are due from the prevailing bidder at the auction.
Located in the town of Cedar City, Utah in Iron County
The parcels have access from a city street (200 East) in Cedar City.
These are two adjoining residential lots in Cedar City. The lots will be offered together as one parcel. They currently have an older home on each one. The property will be sold “as is”, but the homes can be demolished and cleaned up for future use and/or resell as vacant lots. The lots are in a great location for residential development including multi-family development opportunities.
0.58 acre, more or less
Cedar City water and sewer are available. Potential purchasers should contact Cedar City public works for details.
All utilities are available. Potential purchasers should contact Cedar City and the utility companies for details.
RM3 (Residential 3 Unit Multi-Family)
Financing will be offered for this parcel. A down payment of 10% and closing costs will be due at the auction. The remaining balance can be financed at a variable rate of prime plus 2.5% for up to a 20 year term.
(Occupancy of the current homes will not be allowed until the property is paid in full.)
Cultural Resource Covenant:
There are no archaeological site(s) being protected by deed covenant.
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