REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Distinction Real Estate

info@distinctionrealtygroup.com +1(801) 810-0101

$ 6,900,000

Est. payment | -/mo

33,264 SqFt

Save Virtual Tour

$ 6,900,000

Est. payment | -/mo

Save Virtual Tour

33,264 SqFt

Key Details

Property Type Commercial

Sub Type Other - See Remarks

Listing Status Active

Purchase Type For Sale

Square Footage 33,264 sqft

Price per Sqft $207

MLS Listing ID 25-264210

Year Built 2018

Annual Tax Amount $12,750

Lot Size 1.730 Acres

Acres 1.73

Property Sub-Type Other - See Remarks

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 Commercial

Exterior

View Y/N No

Building

Story 3

New Construction No

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 So Branch

Nearby Locations

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

+1(801) 810-0101

info@distinctionrealtygroup.com

11240 S River Heights Dr, South Jordan, UT 84095, USA

1130 S Cedar Knolls Cedar City, UT 84720

Distinction Real Estate

Key Details

Location

Exterior

Building

Others

Nearby Locations

GET MORE INFORMATION

Go tour this home

1130 S Cedar Knolls