$12,350,000
( $9709.12Per Sq Foot )
 $66,297 est/mo Sourced by Back At You

101 Cedar Xing , SALISBURY, MD 21804

SALISBURY, MD 21804

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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.

Details

MLS#MDWC2009316
Listing TypeFor Sale
Sub-TypeResale
StatusACTIVE-BRIGHT
Year1999
Days On Site693
Listing Provided ByRinnier Development Co | William Rinnier

Features

Units1
Zoning0
Acreage0.08
Water FrontYes

Market Activity 21804

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Listings Checked: 5 minutes ago
StateMD
CountyWICOMICO MD
CitySALISBURY
Zip Code21804
AreaWicomico Southeast (23 04)
School DistrictWICOMICO COUNTY PUBLIC SCHOOLS
Listing VS Median (In 21804)
Price:
$12,350,000
low | high
Med:
$255,000
100% of Average
On site:
693
low | high
Med:
136.000000
100% of Average
Sourced by Back At You
Listing Updated: March 13, 2025 at 1:21:42 AM PDT