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101 Cedar CROSSING
For Sale $12,350,000
$12,350,000
- 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
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.
Robert Crawford
REAL ESTATE AGENT