• Currently Zoned R-M-3, 24 Units Per Acre • Cedar City has experienced a steady population growth over the past decade, driving a high demand for new housing options. • Location is right next to I-15 making it ideal for easy marketing as well a great location for tenants working and going to school in the area. • Price Includes 18 Acre Feet of Water • Seller has preliminary plans showing a layout for 144 units. • Median home price in Cedar City has increased by 12% since 2019, making renting more attractive.