1,272 sqft

$11,950,000

101 CEDAR CROSSING, SALISBURY MD, 21804

Price per sqft$9,394.65

Built in1999

Property size1,272 sqft

Property typeCommercial

Overview

Active

Active-bright

Listed Apr 26, 2023

Updated 7 days ago

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.

Additional information

MLS^® ID: MDWC2009316

Interior Features

Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.08 Acres

Other Property Details

Taxes: $2,353
Tax Frequency: Annually

Listed by Rinnier Development Co
Listing Contact: 4107428151

The IDX display contains information sourced from the Bright MLS, Inc. as of 9/15/2026. 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.

Data last updated on 9/15/2026 at 10:38 PM UTC

Benson & Mangold Realty