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24-Unit Student Apartment Property
For Sale
$6,900,000

1130 Cedar Knls, Cedar City, UT 84720

Built in 2018, the property offers private-bedroom student housing near SUU with on-site parking and in-unit amenities.

Property SizeContact for details
Days on Market378

Property Features for 1130 Cedar Knls

General Information

Standard status Active
Total Parking Spaces 125
Property subtype Residential Income

Units

Unit Mix 24 x 4BR/2.5BA
Multifamily Units 24

Taxes and HOA fees

Annual Taxes $12,100

Building Details

Year Built 2018
Buildings 2
Stories 3
Listing Agency: Stratum Real Estate Group So Branch
Listed By: Jesse Guy Carter · License #8651453-SA00
Source: Exprealty
Added: Aug 20, 2025 Changed: Aug 31 Last Checked: Aug 30 at 11:16PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Stratum Real Estate Group So Branch

Investment Insights

Based on property information with market context.

This student housing property includes two three-story apartment buildings with 24 units and 96 bedrooms. Each unit contains four bedrooms, 2.5 bathrooms, a kitchen, living and dining areas, and laundry facilities. Constructed in 2018, the buildings and apartments are described as being in great shape, with 125 parking stalls serving the property.

The property is located approximately 1 mile from Southern Utah University in Cedar City, placing the apartment community near the campus. The current operating arrangement includes landlord-paid utilities, and the units are configured for private-bedroom student rentals.

Key Highlights

  • Two 12‑unit apartment buildings with 96 total bedrooms
  • Each unit includes 4 bedrooms, 2.5 bathrooms, kitchen, living/dining area, and laundry
  • Constructed in 2018

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Plumbing Service (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Carpet & Flooring Store Parking Lot & Garage Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

24
Residential units

Location Intelligence

Trade Area within ½ mile

672
Businesses Nearby

Demographics for 84720, UT

23,607
Population
8,984
Households
2.6
Avg Household Size
28
Median Age
35%
College-Educated
95%
High-School Grad
341.5 sq mi
ZIP Area
69
Density / Sq Mi
$63,742
Median Household Income
$29,979
Median Earnings
$932
Median Rent
$357,400
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Built in 2018, the property offers private-bedroom student housing near SUU with on-site parking and in-unit amenities.
Where is this apartment building located?
The property is located at 1130 Cedar Knls Cedar City, UT.
What is the asking price?
The asking price for this property is $6,900,000.
What are key features of this property?
This property features: Two 12‑unit apartment buildings with 96 total bedrooms; Each unit includes 4 bedrooms, 2.5 bathrooms, kitchen, living/dining area, and laundry; Constructed in 2018
More about this property
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