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1130 S Cedar Knolls, Cedar City, UT 84720

$6,900,000

96 bed · 48 bath · 33,264 sqft

1130 S Cedar Knolls, Cedar City, UT 84720

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 built2018
Lot size1.73 acres
Stories0
Type> 4 Units
Annual taxes$12,100
CountyIron County
MLS #2106357
Days on market389

Photos (34)

1130 S Cedar Knolls, Cedar City, UT 84720, photo 21130 S Cedar Knolls, Cedar City, UT 84720, photo 31130 S Cedar Knolls, Cedar City, UT 84720, photo 41130 S Cedar Knolls, Cedar City, UT 84720, photo 51130 S Cedar Knolls, Cedar City, UT 84720, photo 61130 S Cedar Knolls, Cedar City, UT 84720, photo 71130 S Cedar Knolls, Cedar City, UT 84720, photo 81130 S Cedar Knolls, Cedar City, UT 84720, photo 91130 S Cedar Knolls, Cedar City, UT 84720, photo 101130 S Cedar Knolls, Cedar City, UT 84720, photo 111130 S Cedar Knolls, Cedar City, UT 84720, photo 12

Listing courtesy of Jesse G Carter, Stratum Real Estate Group PLLC (South Branch).

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