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> 101 CEDAR CROSSING

101 CEDAR CROSSING

Salisbury, Maryland, 21804, United States

Property ID: #1292844 // Commercial // Source Status: Active
    / 8
Traditional Sale
List Price:
$12,350,000.00
Icon 1,272 ft²
Icon 0.08 acres
Icon - beds
Icon - baths
Address:
101 CEDAR CROSSING
City:
Salisbury
State:
Maryland
Zip Code:
21804
County:
WICOMICO
Country:
United States
Property Type:
Commercial
Additional Property Types:
Multi-Family
Year Built:
1999
Property Size:
1,272 ft²
Lot Size:
0.08 acres
Data Source:
BrightMLS
MLS/Reference Number(s):
MDWC2009316
Source Status:
Active
Source Property Type:
Commercial, Five Or More Units

Property Provided By

  • William Rinnier
  • Rinnier Development Co
  • +1 (410) 742-8151

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Property Information

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.

Directions

Route 13 to College Ave, turn right on South Division Street, turn left on Onley Road, Cedar Crossing will be on the left off of Onley Road, located behind the athletic fields of Salisbury University.

Source Disclaimer

BrightMLS

Listing Information © 2024 BrightMLS. All Rights Reserved.
Courtesy of William Rinnier, Rinnier Development Co brinnier@rinnier.com
This information is provided exclusively for consumers' personal, non-commercial use; that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by BrightMLS. Information may appear from many brokers but not every listing in BrightMLS is available.
This content last updated on 2024-12-20 21:02:50.

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