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    1130 S Cedar Knl Cedar City, UT 84720

    For Sale
    $7,400,000

    MULTI_FAMILY - Cedar City, UT

    Property size:
    33,264 SF
    Lot size:
    1.73 Acres
    Days on Market:
    72
    Last Refresh:
    Dec 5 at 10:06 am

    Property Features for 1130 S Cedar Knl

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    See Private Remarks
    Size
    33,264 SF
    Lot size
    1.73 Acres

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    2018
    Floors in Building
    3
    Number of units
    24
    Roof type
    Asphalt

    STRATUM REAL ESTATE GROUP BRANCH (435) 586-4874

    Listing agent Jesse Guy Carter

    Listing date Sep 25, 2025

    MLS# 25-264208 Listing URL

    Overview

    Student Apartment Building Near SUU

    This established 24-unit student apartment building is located in Cedar City. Constructed in 2018, the property consists of two 12-plex apartment buildings, each three stories tall, totaling 96 bedrooms. Each apartment unit features a floor plan with 4 beds, 2.5 baths, a kitchen, a living room/dining area, and laundry facilities. The building is in good condition and has been used as a student rental, receiving approximately $550 per month per private bedroom. The landlord currently covers all utilities. There are 125 parking stalls available. Situated approximately 1 mile from the Southern Utah University (SUU) campus, the property is suitable for use as a student housing complex. SUU is projected to continue to grow. The property size is 33,264 square feet and the lot size is 1.73 acres.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Map

    City
    Cedar City
    County
    Iron
    State
    Utah
    Longitude
    -113.077621
    Latitude
    37.658408

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    FAQs

    What type of property is this?
    Apartment building - Established 24-unit student apartment building near Southern Utah University.
    Where is this apartment building located?
    The property is located at 1130 S Cedar Knl Cedar City, UT.
    What is the asking price?
    The asking price for this property is $7,400,000.
    What are key features of this property?
    This property features: - Established 24-unit apartment building (96 bedrooms) ideal for student housing.; - Built in 2018, the property is in great condition.; - Each unit features 4 beds, 2.5 baths, kitchen, living/dining area, and laundry.
    (435) 590-0798
    Request Owner's contact information
    1130 S Cedar Knl Cedar City, UT 84720
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1130 S Cedar Knl Cedar City, UT 84720
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