Student Housing Portfolio For
For Sale
$11,950,000
101 CEDAR Crossing, Salisbury, MD 21804
Student housing portfolio near Salisbury University with assumable debt.
Property SizeContact for details
Lot Size0.08 Acres
Days on Market261
Property Features for 101 CEDAR Crossing
General Information
Standard status
Active
Lot size
0.08 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$2,353
Building Details
Year Built
1999
Units
1
Listing Agency:
Rinnier Development Co
(410) 742-8151
Listed By:
William Rinnier · License #514904
(410) 742-8151
Source:
Elliman
Added: Dec 3, 2025
Changed: Aug 8
Last Checked: Aug 20 at 8:48AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Rinnier Development Co
Investment Insights
Based on property information with market context.
Cedar Crossing is a student housing portfolio comprised of 58 individual units with a total of 228 bedrooms. Constructed in 1999, the wood-frame buildings feature vinyl siding and asphalt shingles. Interior finishes include vinyl wood, carpet, and vinyl tile flooring. Each unit is equipped with a complete kitchen including a refrigerator, dishwasher, and stove, as well as laminate and cultured marble countertops in the kitchens and bathrooms. Washers and dryers are included in all units. The properties are located within walking distance of the Salisbury University campus and across the street from the football stadium and other sports fields. There is potential to add amenities. The current rental rates are lower than most competitors. Addresses include 101-207 Cedar Crossing Rd.
Key Highlights
- Prime location within walking distance to Salisbury University campus and across the street from the football stadium and sports fields.
- Attractive assumable debt is available.
- Portfolio of 58 units with a total of 228 bedrooms.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
286
Businesses Nearby
Explore this area
Business Placement
Demographics for 21804, MD
40,049
Population
16,736
Households
2.4
Avg Household Size
37
Median Age
28%
College-Educated
89%
High-School Grad
68.6 sq mi
ZIP Area
584
Density / Sq Mi
$68,882
Median Household Income
$35,902
Median Earnings
$1,343
Median Rent
$230,200
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Student housing portfolio near Salisbury University with assumable debt.
Where is this apartment building located?
The property is located at 101 CEDAR Crossing Salisbury, MD.
What is the asking price?
The asking price for this property is $11,950,000.
What are key features of this property?
This property features: Prime location within walking distance to Salisbury University campus and across the street from the football stadium and sports fields.; Attractive assumable debt is available.; Portfolio of 58 units with a total of 228 bedrooms.
