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
35
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$6,900,000
Est. payment /mo
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33,264 SqFt
Price Dropped by $300K

1130 S Cedar Knolls Cedar City, UT 84720

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Troy Moultrie

Troy Moultrie

+1(435) 327-5545

UPDATED:

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

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

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

Listed by Stratum Real Estate Group PLLC (Cedar)
Troy Moultrie
Troy Moultrie

Associate Broker | Luxury & Divorce Real Estate Specialist | License ID: 11195148-AB00

+1(435) 327-5545 | [email protected]

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1130 S Cedar Knolls