$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
Year1999
Days On Site526
Listing Provided ByRinnier Development Co | William Rinnier

Features

SQ Feet1,272
Zoning0
Acreage0.08

Market Activity 21804

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Learn More About This Property

StateMD
CountyWicomico
CitySalisbury
Zip Code21804
AreaWicomico Southeast
School DistrictWicomico County Public Schools
Listing VS Median (in 21804)
Price:
$12,350,000
low | high
Med:
$238,750
100% of Average
SqFt:
1,272
low | high
Med:
1,128
61.320754716981% of Average
$ / SqFt:
$9,709
low | high
Med:
$212
100% of Average
On Site:
526
low | high
Med:
20.000000
100% of Average
Sourced by Back At You
Listing Updated: September 19, 2024 at 2:47:31 AM PDT
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