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SALISBURY Maryland Real Estate Properties For Sale

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Cedar Crossing - 101 CEDAR CROSSING ROAD, SALISBURY, Maryland
MLS #: MDWC108374
0 Bedrooms
0 Bathrooms
0 Half Bathroom
Dwelling Type: Five Or More Units
Area: Wicomico Southeast (23-04)
Status:
Year Built: 1999

Price: $11,250,000

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Rinnier Development is proud to offer the student housing portfolio of Cedar Crossing for sale. 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 (6.03% CAP rate) 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 washer


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Property Details

Address: Cedar Crossing - 101 CEDAR CROSSING ROAD SALISBURY ,
County:
MLS#: MDWC108374
MLS Area: Wicomico Southeast (23-04)
Property Sub-Type: Five Or More Units
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Year Built: 1999
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List Price: $11,250,000
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Annual St/Cnty Tax: $1,067
Annual City Tax: $1,122
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Full Baths: 0
Half Baths: 0
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Annual Trash Fee: $0
Annual Water Fee: $0
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LO: Rinnier Development Co

Location Map

Map locations are approximate. Please contact one of our sales agents for additional location information.

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All room dimensions and other measurements are approximate. All information is deemed reliable but not guaranteed. Prospective purchasers should verify the information to their own satisfaction.

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