For sale MLS# 2106357 · 432 days on the market
$6,900,000
It starts with a call with an agent.
1130 S Cedar Knolls, Cedar City, UT 84720
About this home
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!
Written by the listing agent.
Location
Living in Cedar City
Cedar City is the largest city in Iron County, located 250 miles south of Salt Lake City and 170 miles north of Las Vegas on Interstate 15, and is home to Southern Utah University and the Utah Shakespeare Festival.
- 35,235 residents (2020)
- 11 named trails
- 15 named parks
Monthly payment
- Principal & interest
- $38,236
- Property tax
- $1,008
- Home insurance
- $110
10% down ($690,000), 30-year fixed at 6.25%. Tax from the MLS record; insurance is an estimate. Not a loan offer.
Details
- Style
- Stories: 3
- Lot
- 1.73 acres
- Parking
- Parking: Uncovered
- Heating
- Gas: Central
- Flooring
- Carpet, Laminate
- Roof
- Asphalt
See all 11 details
- Water
- Culinary
- Sewer
- Sewer: Connected
- County
- Iron
- Zoning
- Multi-Family
- Terms
- Cash, Conventional
- Range/Oven: Free Stdng.
- Curb & Gutter
- Fenced: Part
- Road: Paved
- Sidewalks
- View: Mountain
- Mountain(s)
- Natural Gas Connected
- Electricity Connected
- Sewer Connected
See all 11 features
Interior
- Range/Oven: Free Stdng.
Lot features
- Curb & Gutter
- Fenced: Part
- Road: Paved
- Sidewalks
- View: Mountain
View
- Mountain(s)
Utilities
- Natural Gas Connected
- Electricity Connected
- Sewer Connected
- Water Connected
Schools
Assigned schools as reported to the MLS by the listing agent. Boundaries change; confirm enrollment with the district. · Iron
Listing courtesy of Stratum Real Estate Group PLLC (South Branch) / Jesse G Carter. Based on information from UtahRealEstate.com as of 7/20/2026 11:06 AM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy.