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1130 CEDAR KNOLLS , Cedar City, Iron County, UT 84720

The Home

Status: Active / Style: Stories: 3 /

/SQF 7,400,000

EST. Mortgage

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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!
MLS#: 2106357

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  • 75358.8 Lot Size Sq. Ft.
  • 33264 Finished Sq. Ft.
  • 96 Beds
  • 48 Baths
  • 7,400,000
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* Estimated Mortgage based on an average mortgage rate of 6.07 30 Year Fixed. This rate is offered with 20% down and a credit score of 740+ Taxes and Insurance not included.
Property Listed By Stratum Real Estate Group PLLC (South Branch)
Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
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