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$ 7,400,000
Est. payment /mo
Active
1130 S Cedar Knolls Cedar City, UT 84720
33,264 SqFt
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 $222
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)