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$11,250,000

Cedar Crossing Road
Salisbury, MD 21801

For Sale|Commercial|Active
Beds
0 Baths
SqFt
Built in 1999
133 Days Online
N/A
Subdivision:
County:
Wicomico-Md

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Cedar Crossing RoadCedar Crossing RoadCedar Crossing RoadCedar Crossing Road
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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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Listing Snapshot
Price
$11,250,000
Days Online
133 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Partial Baths
N/A
Lot Size
N/A
Year Built
1999
MLS Number
MDWC108374
Status
Active
Property Tax
$2,317
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
18 hours agoListing updated with changes from the MLS
4 months agoListing first seen online
General Features
Water
Private/Community Water
Sewer
Private/Community Septic Tank
Construction Materials
Aluminum Siding
Zoning
RESIDENTIAL
Interior Features
Heating
Heat Pump(s)
Cooling
Central A/C
Central Air
Yes
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Community Features
Accessibility Features
Other
Schools
School District
Unknown
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Rinnier Development Co



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Neighborhood & Commute
Source: Walkscore
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