Active
101 Cedar Xing
Salisbury MD, 21804
$12,350,000
$9,709.12 per sqft
Active
1,272 sqft
Commercial
Built in 1999
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.
MDWC2009316
MLSⓇ ID
March 15, 2024
Updated
Map
101 Cedar Xing
Salisbury MD, 21804
Interior Features
Fireplace
No
Cooling
No
Heating
Yes
Exterior/Building Features
Lot Size
0.08 Acres
Roof
Shingle
Sewer
Public Sewer
Other Property Details
Area Name
Salisbury
Taxes
$2,376
Tax Frequency
Annually
Days on Market
238
Garage
No
View
No
County
WICOMICO
Water Source
Public
Pool
No
Buyer Agency Compensation
6%
Listed by William Rinnier, with Rinnier Development Co
Listing Contact: 4107428151
The IDX display contains information sourced from the Bright MLS, Inc. as of 3/15/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 3/15/2024 at 9:05 PM UTC
