101 Cedar Xing, SALISBURY

$12,350,000

0 Beds
0 Baths
1,500 Sqft
.08 Acres
0 Garages

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.

Essential Information
MLS® #MDWC2009316
Price$12,350,000
Bathrooms0.00
Square Footage1,500
Acres0.08
Year Built1999
TypeCommercial Sale
Sub-TypeFive Or More Units
StatusActive
Community Information
Address101 Cedar Xing
AreaWicomico Southeast (23-04)
CitySALISBURY
CountyWICOMICO-MD
StateMD
MunicipalitySalisbury
Zip Code21804
Interior
HeatingHeat Pump(s)
CoolingOther
Exterior
ExteriorVinyl Siding, Block
RoofShingle
School Information
DistrictWICOMICO COUNTY PUBLIC SCHOOLS
Listing Details
OfficeRinnier Development Co
Office Contact(410) 742-8151
LISTING MAP

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Listing information last updated on May 3rd, 2024 at 3:30am EDT.

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