1130 S Cedar Knolls, Cedar City, UT 84720
$7,400,000
Property Type:
MultiFamily
Square Footage:
33,264
Lot Size (sq. ft.):
75,359
Status:
Active
Current Price:
$7,400,000
List Date:
8/20/2025
Last Modified:
2/24/2026
Overview
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!
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
- 222.46
General Prop Info
- Realtor.com
- Multi-Family
- Lot Acres
- 1.73
- Hot Tub YN
- Yes
- 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: February - 24 - 2026
Information deemed reliable but not guaranteed.