1130 S Cedar Knolls new

Cedar City,UT 84720

$ 7400000

- Bed

0 Bath

33264 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

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

Acceptable Financing Conventional,Cash

Listing Terms Conventional,Cash

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