1130 S Cedar Knolls, Cedar City, UT 84720

$6,900,000
Property Type: MultiFamily Square Footage: 33,264 Lot Size (sq. ft.): 75,359 Status: Active
Current Price: $6,900,000 List Date: 8/20/2025 Last Modified: 8/10/2026

Overview

Description

Rare opportunity for an established 24 unit student apartment building in the middle of Cedar City! The property consists of two 12 plex apartment buildings that are each 3 stories tall, making up 96 bedrooms in total. Each apartment unit floor plan consists of 4 bed 2.5 bath with it's own kitchen, living room/dining area & laundry. Newly built in 2018, the apartment building and units are in great shape. As a student rental, the building has been receiving around $550 per month per private bedroom. The landlord is currently paying all of the utilities. Plenty of parking with 125 parking stalls. With being around 1 mile from the SUU campus, this building is ideal to be used as a student housing complex. SUU is projected to continue to grow. Don't delay, come see today!

Listing Details MLS# 25-264208

Location, Tax & Legal

House Number
1130
Street Direction Pfx
S
Street Name
Cedar Knolls
MLS Area
Outside Area
State/Province
UT
Postal Code
84720
County
Iron
Tax ID
See Private Remarks

Contract Info

Original List Price
7400000
Short Sale Status
No

General Prop Info

Realtor.com
Multi-Family
Lot Acres
1.73
Hot Tub YN
No
Pool Private YN
No
Year Built
2018
# of Buildings
2
Number of Units
24
Total SqFt
33264
# Floors
3
HOA Transfer Fee
No

More Information

Property Features

Construction: Other - See Remarks Separate Meters: Electric; Gas Roof: Asphalt Heating: Gas FA Air Conditioning: Central Air Showing Instructions: Key Box Zoning: Multi-Family Terms of Sale: Cash; Conventional Possession: Close Of Escrow
Listing Office: Stratum Real Estate Group So Branch
Last Updated: August - 10 - 2026
Information deemed reliable but not guaranteed.
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