UT > Cedar City
Cedar City, UT 84720,1130 S Cedar Knolls
Cedar City, UT 84720,1130 S Cedar Knolls,Video Tour
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 84720,1130 S Cedar Knolls
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Kimette Hughes

Kimette Hughes

+1(435) 668-1799
$ 7,400,000
Est. payment | /mo

33,264 SqFt

Save Virtual Tour
$ 7,400,000
Est. payment | /mo
Save Virtual Tour

33,264 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 33,264 sqft

Price per Sqft $222

MLS Listing ID 25-264208

Year Built 2018

Annual Tax Amount $12,100

Lot Size 1.730 Acres

Acres 1.73

Source Washington County Board of REALTORS®

Land Area 33264

Property Description

Over 9% Cap Rate! 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

Area Outside Area

Zoning Multi-Family

Interior

Heating Gas FA

Cooling Central Air

Exterior

View Y/N No

Roof Type Asphalt

Building

Story 3

Schools

School District Out Of Area

Others

Senior Community No

Tax ID See Private Remarks

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

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

Washington County MLS (WCMLS)
Listed by Stratum Real Estate Group So Branch
Kimette Hughes

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(435) 668-1799

kimettehughes@gmail.com

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1130 S Cedar Knolls