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:
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# 25-264210
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: February - 24 - 2026
Information deemed reliable but not guaranteed.