Portfolio of 3 Assets For Sale Cedar City Multifamily
Palmer House, Sunrise Apartments, & Cedar Apartments, Cedar City, UT 84720
Asset Snapshot
3 Units
Unit Count
0 SF
Average Unit Size
39,126 SF
Property Size
Offering Summary
Investment 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.