Cedar Crossing - 101 Cedar Crossing Rd,
Salisbury, Md 21801
$11,250,000

MLS Number
Mdwc108374
List Price
$11,250,000
Standard Status
Active
Waterfront
N
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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Keti Lynch - Ocean City Home Sales Real Estate Agent

Keti Lynch

Associate Broker
MBA / GRI / Bi-lingual

Shoreline Properties, Inc.

6808 Coastal Highway
Ocean City, MD 21842

office: 410-542-6688
toll free: 800-492-5832
This email address is being protected from spambots. You need JavaScript enabled to view it.

shoreline properties

Exterior Features

Construction Materials
Aluminum Siding

Interior Features

Heating
Heat Pump(s)
Heating Fuel
Electric
Cooling
Central A/c
Hot Water
Electric

Additional Details

Year Built
1999
New Construction
N
Property Type
Commercial Sale
County
Wicomico
Lot Size Dimensions
0.00 X 0.00