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101 Cedar Crossing

SALISBURY, MD 21804
  • $12,350,000
  • STATUS: Active
  • ON SITE: 528 Days
  • ID#: MDWC2009316
UPDATED: 31 min ago
$12,350,000
  • 0
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1999
County:

School Ratings & Info

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.

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Honorable Service Realty | EXP Realty, LLC. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-10-06T14:51:40.28.
www.honorableservicerealty.com/homes/138887396
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101 Cedar Crossing SALISBURY, MD 21804

  • Price: $12,350,000
  • Status: Active
  • On Site: 528 Days
  • Updated: 31 min ago
  • ID#: MDWC2009316
0
Beds
0
Baths
0
½ Baths
0.08
Acres
1999
Built
Neighborhood:
Wicomico Southeast (23-04)
County:
Wicomico
Area:
Wicomico Southeast (23-04)
School District:
Wicomico County Public Schools
Property 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.
Exterior Features

Construction Materials Vinyl SidingBlock Garage YN No Parking Types DrivewayParking Lot Roof Shingle Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 1272.00 Cooling Other Heating Heat Pump(s) Heating YN Yes Net Square Feet 1500.00

Property Features

Accessibility Features Level Entry - Main Central Air YN No Cooling Fuel Other Heating Fuel Other Hot Water Other Municipality Salisbury Navigable Water YN N Net Operating Income 715888.00 New Construction YN No Number Of Units Total 1 Original MLSNumber 802300452984 Ownership Interest Fee Simple Property Sub Type Five Or More Units Sale Type Other Sewer Public SepticPublic Sewer Tax Annual Amount 2353.00 Tax Lot 1A Vacation Rental YN No Water Source Public Zoning 0

Listing courtesy of Rinnier Development Co: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Honorable Service Realty | EXP Realty, LLC. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-10-06T14:51:40.28.
 
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