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

Price
$11,250,000
Bed
N/A
Bath
N/A
Acres
N/A
Town
Salisbury
MLS
Mdwc108374

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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Exterior Features

Construction Materials
Aluminum Siding
Type of Parking
Driveway, on Street

Interior Features

Heating
Heat Pump(s)
Cooling
Central A/c

Additional Details

Year Built
1999
New Construction
N
Property Type
Commercial Sale
County
Wicomico
Lot Size Dimensions
0.00 X 0.00
© Coastal Association of REALTORS All rights reserved. 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. Real estate listings held by brokerage firms other than Atlantic Shores Realty, LLC. are indicated here. Listing courtesy of Rinnier Development Co. Site maintained by Ryan T. Haley, Broker of Atlantic Shores Realty. Office: (410) 524-0919 | This email address is being protected from spambots. You need JavaScript enabled to view it.