Cedar City Multifamily Portfolio Multi-Family FOR SALE


Cedar City, UT | 
$6,025,000 USD
435-627-5720
, Cedar City, UT for Sale
$6,025,000 USD
Multi-Family - FOR SALE
1/7
null | 5.6% Cap Rate

Cedar City Multifamily Portfolio
Cedar City, UT


HIGHLIGHTS

  • The portfolio consists of 44 apartment units across three multifamily communities in Cedar City.
  • Properties are located near Southern Utah University, downtown Cedar City, employers, schools, and community amenities.
  • The offering includes four residential buildings situated on approximately 1.71 acres.
  • Utah University reported Fall 2025 enrollment of 15,825 students, supporting local housing demand.
  • The owner may consider selling the parcel adjacent to the Cedar Apartments property in conjunction with a portfolio acquisition.
  • Convenient access to Main Street, Interstate 15, downtown services, and regional destinations throughout Southern Utah.

OVERVIEW

This rare portfolio offering consists of 44 apartment units across three well-maintained multifamily communities in the heart of Cedar City, Utah. Collectively comprising four residential buildings situated on approximately 1.71 acres, the properties offer investors an opportunity to acquire stable, income-producing assets in one of Southern Utah’s fastest-growing rental markets. The portfolio benefits from a long history of occupancy, established operations, and locations near Southern Utah University, downtown Cedar City, major employers, and community amenities. The owner may also consider the sale of the parcel adjacent to the Cedar Apartments (304 S 100 W), providing additional flexibility for future development or expansion.

ASK ABOUT THIS PROPERTY

Neil WalterNAI ExcelMore Info
435-627-5720

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Neil WalterNAI ExcelMore Info
435-627-5720

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.