1130 S Cedar Knolls Cedar City UT 84720

MLS# 25-264210 • 206 Days on Market • Commercial Sale

1130 S Cedar Knolls Cedar City, UT 84720

$7,400,000

$/month |

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Listed By Stratum Real Estate Group So Branch, Jesse Guy Carter, hilkert.homes@gmail.com.

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

Year Built 2018
Taxes $12,750

$7,400,000

$/month

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Point of Interest Map

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