$7,400,000

1130 S Cedar Knolls Dr Cedar City, UT 84720

Estimated payment $49,317/month

Total Views 4,727
96 Beds
48 Baths
33,264 Sq Ft
$222 Price per Sq Ft

Highlights

  • Mountain View
  • Landscaped
  • Partially Fenced Property
  • No HOA
  • Central Heating
  • Carpet

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!

Listing Agent

Jesse Carter

Stratum Real Estate Group PLLC (South Branch) License #8651453 Listed on: 08/20/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $121,004

Year Built

  • Built in 2018

Lot Details

  • 1.73 Acre Lot
  • Partially Fenced Property
  • Landscaped

Interior Spaces

  • 33,264 Sq Ft Home
  • Blinds
  • Mountain Views
  • Free-Standing Range

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 96 Bedrooms
  • 48 Bathrooms

Parking

  • 125 Parking Spaces
  • 125 Open Parking Spaces

Utilities

  • No Cooling
  • Central Heating
  • Natural Gas Connected

Community Details

  • No Home Owners Association
  • 24 Units

Listing and Financial Details

  • Assessor Parcel Number D-1024-0010-0006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$121,004

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Property Sub Type: > 4 Units
  • Prop. Type: Residential
  • Horses: No
  • Lot Size Acres: 1.73
  • Lot Size: 0.0x0.0x0.0
  • Inclusions: Dishwasher: Portable, Dryer, Freezer, Microwave, Range, Refrigerator, Washer, Window Coverings
  • Architectural Style: Stories: 3
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: No
  • Year Built: 2018
  • Accessory Dwelling Unit: No
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Private Spa: No
  • Other Equipment: Window Coverings
  • Total Bedrooms: 96
  • Fireplace: No
  • Flooring: Carpet, Laminate
  • Interior Amenities: Range/Oven: Free Stdng.
  • Living Area: 33264.0
  • Window Features: Blinds

Exterior Features

  • Lot Features: Curb & Gutter, Fenced: Part, Road: Paved, Sidewalks, View: Mountain
  • Pool Private: No
  • Topography: Curb & Gutter, Fenced: Part, Road: Paved, Sidewalks, Terrain, Flat, View: Mountain
  • View: Mountain(s)
  • View: Yes
  • Waterfront: No
  • Home Warranty: No
  • Property Condition: Blt./Standing
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 125.0
  • Open Parking: Yes
  • Parking Features: Parking: Uncovered
  • Total Parking Spaces: 125.0

Utilities

  • Cooling Y N: No
  • Heating: Gas: Central
  • Heating Yn: Yes
  • Sewer: Sewer: Connected
  • Utilities: Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Culinary

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: None/Other
  • Junior High Dist: Iron
  • High School: None/Other
  • Middle Or Junior School: None/Other

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 75358.8
  • Parcel #: D-1024-0010-0006
  • Zoning Description: R3-M
  • Zoning: Multi-Family

Multi Family

  • Number Of Units Total: 24

Tax Info

  • Tax Annual Amount: 121004.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2025 08/20/25 For Sale $7,400,000 -- $222 / Sq Ft
Source: UtahRealEstate.com

Source: UtahRealEstate.com

MLS Number: 2106357

UtahRealEstate.com
Utah Iron County Cedar City 84720

1130 S Cedar Knolls Dr, Cedar City, UT

This home is located at 1130 S Cedar Knolls Dr, Cedar City, UT 84720 and is currently priced at $7,400,000, approximately $222 per square foot. This property was built in 2018. 1130 S Cedar Knolls Dr is a home located in Iron County with nearby schools including Cedar South School, Cedar Middle School, and Cedar City High School.

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Based on information from the Wasatch Front Regional Multiple Listing Service, Inc.. 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. Properties may or may not be listed by the office/agent presenting the information.

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Listing Agent
Jesse Carter
Stratum Real Estate Group PLLC (South Branch)