101 Cedar CROSSING, Salisbury, MD 21804 | For Sale

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For Sale $12,350,000

$12,350,000
  • (0)
  • 1 Units
  • Unknown Sq Ft
  • 3,350 Sq Ft
  • Unknown Cap Rate

Description

Cedar Crossing is a well located student housing portfolio for sale and has attractive assumable debt. All units are walking distance to the Salisbury University campus and across the street from the football stadium and other sports fields. Current rental rates are lower than most competitors and there is space for amenities to be added.
The portfolio consists of 58 individual units with 228 bedrooms that were all built new in 1999 - wood frame construction with vinyl siding, asphalt shingles, vinyl wood, carpet and vinyl tile flooring throughout. Kitchens are complete with refrigerator, dishwasher and stove; laminate and cultured marble tops in kitchens and bathrooms. All units have washers and dryers.
Addresses include: (units listed in the 'portfolio properties' are only 2 of the 58 total, see below for addresses:)
101-207 Cedar Crossing Rd.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $12,350,000
Property Type Multi-Family
Usable Sqft Unknown
Number of Stories 0 stories
Parking Spots 0 spots
Year Built 1999
Last Sold Unknown
Sold Price Unknown
APN # 2313061688
MLS # MDWC2009316
Property ID 319498789
Lot Sqft 3,350
Zoning 0
Total Units 1
Days on Market 694
Original List Price Unknown
Date Updated January 07, 2025
Date Created April 25, 2023

Financials not available online. Please inquire with your agent for more details.

Listing Provided By

William Rinnier an agent of . Lic #514904


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Data last updated: March 19, 2025.
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