1130 S Cedar Knolls, Cedar City, UT 84720
$7,200,000
Property Type:
MultiFamily
Square Footage:
33,264
Lot Size (sq. ft.):
75,359
Status:
Active
Current Price:
$7,200,000
List Date:
8/20/2025
Last Modified:
3/26/2026
Overview
Description
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
- Total Taxes
- 12100.46
- Tax Year
- 2022
- Elementary Schools
- Out of Area
- Intermediate Schools
- Out of Area
- Jr. High Schools
- Out of Area
- Sr. High Schools
- Out of Area
- List Price/SqFt
- 216.45
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
Contract Info
- Original List Price
- 7400000
- Short Sale Status
- No
Remarks & Misc
- Public Remarks
- 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!
Construction
- Other - See Remarks
- Yes
More Information
Separate Meters
- Electric
- Yes
- Gas
- Yes
Zoning
- Multi-Family
- Yes
Terms of Sale
- Cash
- Yes
- Conventional
- Yes
Roof
- Asphalt
- Yes
Heating
- Gas FA
- Yes
Air Conditioning
- Central Air
- Yes
Showing Instructions
- Key Box
- Yes
Possession
- Close Of Escrow
- Yes
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: March - 26 - 2026
Information deemed reliable but not guaranteed.