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    1130 S Cedar Knl Cedar City, UT 84720

    New
    For Sale
    $7,400,000

    COMMERCIAL - Cedar City, UT

    Property size:
    33,264 SF
    Lot size:
    1.73 Acres
    Days on Market:
    6
    Last Refresh:
    Dec 14 at 12:06 am

    Property Features for 1130 S Cedar Knl

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    B-1135-0028-0002
    Size
    33,264 SF
    Lot size
    1.73 Acres

    Building Details

    Year built
    2018
    Floors in Building
    3

    STRATUM REAL ESTATE GROUP BRANCH (435) 586-4874

    Listing agent Jesse Guy Carter

    Listing date Dec 9, 2025

    Copyright © 2025 Washington County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Cedar City Student Housing Complex

    This established 24-unit student apartment building presents a rare opportunity in Cedar City. Constructed in 2018, the property consists of two 3-story buildings, each containing 12 units, totaling 96 bedrooms. Each apartment features a 4-bed, 2.5-bath layout, complete with a kitchen, living room/dining area, and laundry facilities. The units are in excellent condition. Currently operating as a student rental, the building generates approximately $550 per month per private bedroom. The landlord covers all utility expenses. Ample parking is available with 125 stalls. Situated approximately 1 mile from Southern Utah University (SUU), this complex is ideally positioned for student housing. With SUU's projected growth, this property offers significant potential. The property size is 33,264 square feet and the lot size is 1.73 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Map

    City
    Cedar City
    County
    Iron
    State
    Utah
    Longitude
    -113.077621
    Latitude
    37.658407

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    FAQs

    What type of property is this?
    Apartment building - Established 24-unit student apartment building near SUU campus.
    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: - Over 9% Cap Rate: Represents a strong return on investment.; - Established 24-Unit Apartment Building: Provides immediate income potential.; - Built in 2018: Indicates modern construction.
    (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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