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1130 S Cedar Knolls, Cedar City, UT 84720
$7,400,000
Property Type:
Commercial
Square Footage:
33,264
Lot Size (sq. ft.):
75,359
Status:
Active
Current Price:
$7,400,000
List Date:
8/20/2025
Last Modified:
8/20/2025
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!
More Information MLS# 25-264210
Contract Info
List Price/SqFt: 222.46
Offering Type: Sale
Cap Rate: 0
Short Sale Status: No
CAM: 0
Lease Price/Annual: 0
Lse Prc Mnth P/SqFt: 0
List Price: $7,400,000
Current Price: $7,400,000
Listing Date: 2025-08-20
Location, Tax & Legal
Legal: BEG S89*42'42''W 252.00 FT ALG 1/16 SEC LN & S45*37'00''W 833.13 FT FR NE COR SW1/4NE1/4 SEC 22,T36S,R11W, SLM; S4
Total Taxes: 12750.19
Tax Year: 2022
Geo Lat: 37.658407
Geo Lon: -113.077621
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: B-1135-0028-0002
General Property Info
Realtor.com: Commercial
Lot Acres: 1.73
Available SqFt: 33264
# of Floors: 3
Listing Class: Other - See Remarks
Total SqFt: 33264
Year Built: 2018
Type of Property
Commercial: 1
Site Description
Tenant Occupied: 1
Construction
Poured Concrete: 1
Other - See Remarks: 1
Zoning
Commercial: 1
Showing Instructions
Key Box: 1
Possession
Close Of Escrow: 1
Status Change Info
Status: Active
Property Features
Type of Property: Commercial
Site Description: Tenant Occupied
Construction: Poured Concrete; Other - See Remarks
Showing Instructions: Key Box
Zoning: Commercial
Possession: Close Of Escrow
Listing Office: Stratum Real Estate Group So Branch
Last Updated: August - 20 - 2025
Information deemed reliable but not guaranteed.