$7,400,000
Cedar City, UT 84720
MLS# 25-264210
33264 sqft
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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!
Details
Contract Info
Offering Type: Sale
Original List Price: 7400000
List Price: $7,400,000
Current Price: $7,400,000
List Price/SqFt: 222.46
Listing Date: 2025-08-20
Short Sale Status: No
Location Tax Legal
Geo Lat: 37.658407
Geo Lon: -113.077621
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
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
Status Change Info
Status: Active
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.