Active
1130 S Cedar Knolls, Cedar City, UT 84720
$6,900,000
96 bed · 48 bath · 33,264 sqft

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!
| Year built | 2018 |
|---|---|
| Lot size | 1.73 acres |
| Stories | 0 |
| Type | > 4 Units |
| Annual taxes | $12,100 |
| County | Iron County |
| MLS # | 2106357 |
| Days on market | 389 |
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Listing courtesy of Jesse G Carter, Stratum Real Estate Group PLLC (South Branch).
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