1130 S Cedar Knolls

Cedar City UT - 84720

MLS: 25-264208

Status: Active Last Updated: 17 days ago

$7,400,000

Bedrooms
0.0 Bathrooms
33264FT2 Area

Property 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!

Property Details

Total Area

33264

Total Bedrooms

N/A

Total Bathrooms

0.0

Year Built

2018

Property Type

B

Subdivision

N/A

List Office Name

Stratum Real Estate Group So Branch

Listing Agent

Jesse Carter

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1130 S Cedar Knolls

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