Utah's Premier | OnX Realty

1130 S CEDAR KNOLLS

Cedar City, UT 84720

Stories: 3

Cedar City, UT 84720

1130 S CEDAR KNOLLS

$6,900,000

MLS#: 2106357

Status: Active

Listing provided by: Stratum Real Estate Group PLLC (South Branch)

Listing agent phone: None

Last update: 16 minutes ago

On site: 10 months ago

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About

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!

Property

Beds

96

Full Baths

None

1/2 Baths

None

Year Built

2018

Sq.Footage

33,264

Features

Features & Amenities

Interior

  • Total Bedrooms

    96

  • Bathrooms

    N/A

  • Cooling YN

    NO

  • Cooling

    None

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Central, Natural Gas

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

  • Waterfront YN

    NO

  • View

    Mountain(s)

Area & Lot

  • Lot Size(acres)

    1.73

  • Lot Size(square feet)

    75,358

  • Property Type

    Residential

  • Property Sub Type

    Multi Family

  • Architectural Style

    Stories: 3

Price

  • Sales Price

    $6,900,000

  • Tax Amount

    $12,100

  • Zoning

    R3-M

  • Sq. Footage

    33,264

  • Price/SqFt

    $207

HOA

  • Association

    No

Property Resources

  • Horse Property

    NO

School District

  • Elementary School

    Iron

  • Middle School

    None/Other

  • High School

    None/Other

Property Features

  • New Construction

    NO

  • Senior Community YN

    NO

Schedule

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Location

  • County

    Iron

  • Elementary School

    Iron

  • Middle School

    None/Other

  • High School

    None/Other

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

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Agent Lindsey Pili

Lindsey Pili

Agent / Realtor®

Call Lindsey today to schedule a private showing.

Phone (907) 435-4848

Email lindseywong98@gmail.com


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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!

1130 S CEDAR KNOLLS

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