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    1130 S Cedar Knl Cedar City, UT 84720

    For Sale
    $7,400,000

    Established 24-unit student apartment building near SUU campus.

    Lot size:
    1.73 Acres

    Property Features for 1130 S Cedar Knl

    General Information

    Interior features
    Interior Feature 1, : "Natural Gas", "Interior Feature 2": "Forced Air"
    Exterior features
    exterior_features, : ["Electricity Connected", "Natural Gas Connected", "Sewer Connected", "Electric Separate", "Gas Separate", "Culinary, City", "Shingles"]
    Lot size
    1.73 Acres

    Building Details

    Year built
    2018

    Source: Stratum Real Estate Group PLLC (Cedar) Agent Stratum Real Estate Group PLLC (Cedar)

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Student Housing Apartment Building

    This established 24-unit apartment building presents a rare opportunity in Cedar City. Constructed in 2018, the property consists of two 3-story buildings, each containing 12 units. In total, there are 96 bedrooms. Each apartment unit features a floor plan with 4 beds and 2.5 baths, along with a kitchen, living room/dining area, and laundry facilities. The building is around 1 mile from Southern Utah University (SUU) campus, making it ideal for use as a student housing complex. The building has been receiving around $550 per month per private bedroom. The landlord is currently paying all of the utilities. There are 125 parking stalls available. SUU is projected to continue to grow.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Map

    City
    Cedar City
    County
    Iron
    State
    Utah
    Longitude
    -113.22
    Latitude
    37.7617

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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: - Established 24-unit apartment building (96 bedrooms) ideal for student housing.; - Built in 2018 and in great condition.; - Each unit features 4 beds, 2.5 baths, kitchen, living/dining area, and laundry.
    Request Owner's contact information
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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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