1130 S Cedar Knolls, Cedar City, UT 84720
1130 S Cedar Knolls, Cedar City, UT 84720,Video Tour
1130 S Cedar Knolls, Cedar City, UT 84720
1130 S Cedar Knolls, Cedar City, UT 84720
1130 S Cedar Knolls, Cedar City, UT 84720
1130 S Cedar Knolls, Cedar City, UT 84720
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$ 6,900,000
Est. payment | /mo

33,264 SqFt


$ 6,900,000
Est. payment | /mo

33,264 SqFt

Key Details

Property Type Commercial

Sub Type Commercial Building

Listing Status Active

Purchase Type For Sale

Square Footage 33,264 sqft

Price per Sqft $207

MLS Listing ID 112728

Construction Status Existing

Year Built 2018

Annual Tax Amount $12,100

Lot Size 0.764 Acres

Acres 1.73

Property Sub-Type Commercial Building

Source Iron County Board of REALTORS®

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!

Location

State UT

County Iron

Community Not Applicable

Zoning R3-M

Interior

Heating Forced Air

Exterior

Utilities Available Natural Gas Connected, Sewer Connected

Building

Structure Type Stone,Concrete,Vinyl Siding

New Construction No

Construction Status Existing

Others

Senior Community No

Tax ID B-1135-0028-0002

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://my.matterport.com/show/?m=9Q6KgVdavcH

Listed by Stratum Real Estate Group PLLC (Cedar)

NEARBY SCHOOL & BUSINESS

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1130 S Cedar Knolls