• Strong STR Cash Flow

1130 S CEDAR KNOLLS, Cedar City, UT 84720

$6,900,000

Est. $40,128/mo

Beds
96
Baths
48
Sq ft
33,264
Built
2018

Why this home stands out

  • 4.0% year-over-year market appreciation
  • $19,295/mo STR net cash flow (+40.5% return on spend)
Strong STR Cash Flow

About this home

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!

Features

  • Range/Oven: Free Stdng.

Agents

Connect with your buyer agent

Get local guidance on this home from Juston.

JP
Juston PucharVerified

Salt Lake County Realtor | Smart Real Estate. Lasting Legacy.

KW Utah Realtors Keller Williams (REVO)

20 yrs experience

Salt Lake City, West Valley City
Dedicated buyer representation

Listed by Jesse G Carter

Stratum Real Estate Group PLLC (South Branch)

MLS #2106357

Your message goes only to Juston.

See the deal analysis, value and rental income

Ask Juston how this home rates as a deal, what it should sell for, and what it could earn as a long-term or short-term rental.

  • Deal score
  • Estimated value
  • Rental income

Schools

Iron

Nearby

Recreation

79 / 100
Show 3 more

Everyday needs

58 / 100
Show 7 more

Internet

Excellent · fiber · 100/100

  • CenturyLink

    Fiber · 2 Gbps

  • InfoWest

    Fiber · 2 Gbps

  • Quantum Fiber

    Fiber · 2 Gbps

All 10 providers
  • CenturyLinkFiber2 Gbps1 Gbps
  • InfoWestFiber2 Gbps2 Gbps
  • Quantum FiberFiber2 Gbps1 Gbps
  • South Central CommunicationsFiber1 Gbps1 Gbps
  • TDS TelecomFiber1 Gbps1 Gbps
  • TDS TelecomCable1 Gbps20 Mbps
  • VerizonFixed Wireless300 Mbps20 Mbps
  • StarlinkSatellite280 Mbps30 Mbps
  • InfoWestFixed Wireless200 Mbps40 Mbps
  • CenturyLinkDSL100 Mbps10 Mbps
  • T-MobileFixed Wireless100 Mbps20 Mbps
  • HughesNetSatellite50 Mbps5 Mbps
  • Viasat IncSatellite10 Mbps1 Mbps

Home details

Property

Type
Residential
Style
> 4 Units
Architectural style
Stories: 3
Year built
2018
Stories
0
Condition
Blt./Standing
County
Iron
Zoning
Multi-Family
MLS #
2106357

Costs

List price
$6,900,000
Annual taxes
$12,100
Home warranty
No

Lot and parking

Lot
1.73 ac
Lot features
Curb & Gutter,Fenced: Part,Road: Paved,Sidewalks,View: Mountain
Covered spaces
0
Total parking
125

Systems

Heating
Gas: Central
Roof
Asphalt
Flooring
Carpet,Laminate
Water
Culinary
Sewer
Sewer: Connected
View
Mountain(s)
All home details49 details

Property Info

Property Type
Residential
Property Style
> 4 Units
Architectural Style
Stories: 3
Condition
Blt./Standing
MLS #
2106357
County
Iron
Year Built
2018
New Construction
No
Stories
0
Total Rooms
0
Living Area
33,264 sq ft
Lot Size (Acres)
1.73
Lot Size
75,358.8 sq ft
Zoning
Multi-Family

Bedrooms & Baths

Bedrooms
96
Total Bathrooms
48

Financial

List Price
$6,900,000
HOA
No
Annual Taxes
$12,100
Home Warranty
No

Structure

Roof
Asphalt
Flooring
Carpet,Laminate
Heating
Gas: Central

Lot & Land

Lot Features
Curb & Gutter,Fenced: Part,Road: Paved,Sidewalks,View: Mountain
Topography
Curb & Gutter, Fenced: Part, Road: Paved, Sidewalks, Terrain, Flat, View: Mountain
View
Mountain(s)
Waterfront
No
Horse Property
No

Parking

Garage
No
Carport
No
Covered Spaces
0
Open Parking
125
Total Parking
125
ADU
No

Amenities

Fireplace
No
Pool
No
Spa/Hot Tub
No
Inclusions
Dishwasher: Portable, Dryer, Freezer, Microwave, Range, Refrigerator, Washer, Window Coverings

Utilities

Water Source
Culinary
Sewer
Sewer: Connected
Utilities
Natural Gas Connected,Electricity Connected,Sewer Connected,Water Connected

Schools

Elementary
None/Other
Middle School
None/Other
High School
None/Other
Elementary District
Iron

Timeline

Listed
Aug 20, 2025
Days on Market
334
Status
Active

Media

3D Tour
View 3D tour

Cedar City market

Explore Cedar City

  • Cedar City median

    $399,000

    This home: 1629% above

  • Days to sell

    88

    Utah: 70

  • Homes for sale

    163

  • Price range

    $140k – $4.9M

  • Sale to list

    97%

  • Market

    Buyer's market

SafetyLow Crime · 35.1 incidents per 1,000 residents · 24% below the Utah average

Safety rating 6.0 out of 10.

Violent

9.4

per 1,000 · national 3.6

Property

18.3

per 1,000 · national 17.6

vs Utah

−24%

46.4 per 1,000 statewide

vs Iron

+1%

34.9 per 1,000 countywide

Society

7.4

per 1,000

Population 41,556 · 2024 reports · Local rates use NIBRS; national rates use FBI UCR index crimes, which count fewer offense types.

Location

1130 S CEDAR KNOLLS, Cedar City, UT 84720

Open in map search

Common questions

About 1130 S CEDAR KNOLLS, Cedar City, Utah
What is the asking price for 1130 S CEDAR KNOLLS, Cedar City?

1130 S CEDAR KNOLLS, Cedar City is listed at $6,900,000 ($207/sqft). This listing is currently active and available for showings.

Is 1130 S CEDAR KNOLLS, Cedar City a good deal?

Propaired's AI deal analysis classifies this property as a "Strong STR Cash Flow" with a deal score of 100/100. Key deal signals: 4.0% year-over-year market appreciation; $19,295/mo STR net cash flow (+40.5% return on spend). This analysis considers price relative to comparables, days on market, price reductions, and market conditions.

What lifestyle features does 1130 S CEDAR KNOLLS, Cedar City offer?

Propaired's AI has identified 1 lifestyle feature for this property: Pet Friendly. The primary lifestyle niche is "standard_residential." These tags are derived from MLS data, property features, and location analysis.

What recreation is near 1130 S CEDAR KNOLLS, Cedar City?

This property has a recreation score of 79/100. Nearby recreation includes: Red Canyon trailhead (2.6 mi); Park Discovery park (0.4 mi); Cedar Ridge Golf Course (2.9 mi); Frontier Homestead SP (1.6 mi); Zion NP — Kolob Canyons (I-15) (10.2 mi). Skiing: Brian Head Resort (12.6 mi). Utah offers world-class outdoor recreation year-round, from skiing to hiking to national parks.

What amenities and services are near 1130 S CEDAR KNOLLS, Cedar City?

This property has an amenity proximity score of 58/100. Nearby services include: Grocery: Alvarado Produce (4.6 mi); Hospital: Heart of Dixie Vein and Vascular Center - Cedar City (3.9 mi); Pharmacy: DLPT (5.2 mi); Dining: Little Caesars (1.8 mi). Gas station: 3.9 miles. Gym: The Boxing House of Southern Utah (3.5 mi).

What schools serve 1130 S CEDAR KNOLLS, Cedar City?

Assigned schools: Elementary: None/Other; Middle: None/Other; High: None/Other. There are 1 schools within 3 miles of this property. The highest-rated nearby school is Cedar Middle with a 53% state performance score (0.7 miles away). School district: Iron.

All 8 questions
What is the internet speed at 1130 S CEDAR KNOLLS, Cedar City?

This property has a broadband score of 100/100 (Excellent). Best available speed: 2000 Mbps download / 2000 Mbps upload. Fiber internet is available at this address. Available providers: CenturyLink (2000 Mbps, Fiber); CenturyLink (100 Mbps, DSL); HughesNet (50 Mbps, Satellite). Total providers: 10.

Is 1130 S CEDAR KNOLLS, Cedar City in a flood zone?

This property is classified as low. Flood insurance is not typically required but may be recommended. Always verify current FEMA maps as they are periodically updated.

Find your next home

Save homes, see what they are worth and what they could rent for, and work with a local agent.

Get Started FreeBrowse more homes