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.
Details
MLS #
MDWC2009316
Listing Type
For Sale
Sub-Type
Resale
Status
Active-bright
Year
1999
Days On Site
1256
Listing Provided By
Rinnier Development Co | William Rinnier
Features
Units
1
Zoning
0
Acreage
0.08
Interior
Cooling
Other
Heating Yes / No
Yes
Heating
Heat Pump(s)
Exterior
Roof
Shingle
Construction Materials
Vinyl Siding, Block
Parking
Garage Yes / No
No
Taxes
Tax Annual Amount
2353
Area Information
State
MD
County
WICOMICO MD
City
SALISBURY
Zip Code
21804
Area
Wicomico Southeast (23 04)
School District
WICOMICO COUNTY PUBLIC SCHOOLS
Sourced by Back At You
MLS Number: MDWC2009316
William Rinnier – (410) 742-8151 – brinnier@rinnier.com
Rinnier Development Co – (410) 742-8151 – brinnier@rinnier.com
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