Cedar Apartments - Multifamily

Located in the heart of Cedar City, Cedar Apartments offers investors an established, income-producing multifamily asset with convenient access to Southern Utah University, downtown Cedar City, employment centers, shopping, dining, and community services. The property’s proven operating history and established tenant base support dependable current income, while its central location provides a strong foundation for long-term ownership. Adding to the investment opportunity, the owner may also consider the sale of the adjacent parcel to a purchaser of Cedar Apartments, creating potential for future expansion, additional development, or other complementary uses. This combination of existing multifamily income and potential access to additional land provides investors with flexibility that is uncommon among established properties in central Cedar City.