1130 S Cedar Knolls, Cedar City, UT 84720
$7,200,000
Property Type:
Commercial
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# 25-264210
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
- B-1135-0028-0002
- 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
Contract Info
- Offering Type
- Sale
- Original List Price
- 7400000
- List Price/SqFt
- 222.46
- Short Sale Status
- No
- Cap Rate
- 0
- CAM
- 0
- Lease Price/Annual
- 0
- Lse Prc Mnth P/SqFt
- 0
General Property Info
- Listing Class
- Other - See Remarks
- Realtor.com
- Commercial
- Lot Acres
- 1.73
- Total SqFt
- 33264
- Available SqFt
- 33264
- # of Floors
- 3
- Year Built
- 2018
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!
Type of Property
- Commercial
- Yes
More Information
Site Description
- Tenant Occupied
- Yes
Construction
- Poured Concrete
- Yes
- Other - See Remarks
- Yes
Zoning
- Commercial
- Yes
Showing Instructions
- Key Box
- Yes
Possession
- Close Of Escrow
- Yes
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: March - 26 - 2026
Information deemed reliable but not guaranteed.